0 Sonoma Ranch Blvd Las Cruces, NM 88011
This exceptional 0.85-acre lot, identified as Sonoma Ranch Lot 2B4, presents a unique investment opportunity in the thriving Sonoma Ranch master-planned community of Las Cruces, New Mexico. Located in Doña Ana County, zip code 88011, this property boasts an asking price of $489,000. Its strategic location offers excellent visibility and accessibility from Sonoma Ranch Boulevard, ensuring high traffic and strong street presence. The site is ideally suited for a variety of uses, including medical office, retail, or a mixed-use development, catering to the robust demographics of the immediate area. The property's proximity to a Wal-Mart Supercenter anchored development further enhances its appeal and potential for success. This parcel is situated within a growth corridor of Las Cruces, making it an attractive investment for those seeking a high-visibility location with strong potential for return. The property's zoning allows for flexibility in development plans, making it a versatile option for various business ventures. This is a rare opportunity to acquire a prime commercial lot in a rapidly developing area of Las Cruces. The coordinates are 32.3302074 latitude and -106.7262997 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.