Current Use by Public Records
- Land
Property Details for 0 Industrial Dr
- Lot size
- 29.24 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 29.24-acre parcel presents a unique investment opportunity in Santa Teresa, New Mexico. Zoned for industrial use, this land offers unparalleled access to vital transportation infrastructure. Located at 0 Industrial Dr, Santa Teresa, NM 88008 (31.848731, -106.711991), the property benefits from its proximity to Union Pacific's expansive intermodal facility, the largest along the US-Mexico border, capable of handling thousands of freight containers annually. This strategic location significantly reduces transportation costs and transit times. Furthermore, recent increases in weight limits for commercial vehicles within a six-mile radius of the Mexican border (from 80,000 to 96,000 pounds) enhance the property's attractiveness for distribution and logistics businesses. This allows for greater efficiency in transporting goods to and from Mexico. The land is priced at $2 to $3 per square foot, representing a compelling value proposition given its size, location, and access to crucial transportation networks. This property is ideal for businesses seeking a strategic foothold in a rapidly growing logistics hub. The potential for significant return on investment is substantial, making this a rare opportunity in the thriving Santa Teresa market.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Teresa
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.712
- Latitude
- 31.8487
