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Property profile & analytics

Northrise And Roadrunner Las Cruces, NM 88011

  • Land
  • 5.90 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Land

Property Details for 0 Northrise And Roadrunner

Lot size
5.90 lot acres
Property type
Land

Description

This exceptional 5.9-acre development site presents a unique investment opportunity in the thriving city of Las Cruces, New Mexico. Located at the intersection of Northrise and Roadrunner, this property boasts a strategic location offering unparalleled convenience and accessibility. The asking price is $2,441,538, translating to a land value of $10 per square foot. The site's advantageous position places it directly across from Fire Station #6, ensuring quick response times for emergency services. Furthermore, its proximity to the Memorial Medical Complex, a daycare center, and an assisted living facility underscores its appeal to a diverse range of potential developers. The surrounding area is rich with amenities, including a Sam's Club, a variety of restaurants and retail establishments, and hotels, providing residents and employees with a wealth of options. Excellent access to Highway 70 and Interstate 25 ensures seamless connectivity to the broader regional network. Utilities are readily available nearby, simplifying the development process. This property is zoned for development and presents a compelling opportunity for a variety of projects, capitalizing on the strong demand for commercial and residential development in this rapidly growing area of Las Cruces. The 88011 zip code further highlights the desirability of this location within Doña Ana County. This is a rare chance to acquire a substantial parcel of land in a prime location with exceptional potential for significant return on investment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Las Cruces
County
Doña Ana
State
New Mexico
Longitude
-106.755
Latitude
32.3559
More about this property
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