60 County Rd A-074 Rd Alvarado, NM 88081
This exceptional 20-acre commercial land parcel presents a unique investment opportunity in the thriving Chaparral, New Mexico area. Conveniently located off Highway 213, this property offers unparalleled accessibility and visibility for a wide range of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and scale. Situated in Dona Ana County, with a precise address of 60 County Road A-074 Road, Chaparral, NM 88081 (32.2341201, -106.2992912), this property boasts a strategic location within a growing community. The asking price for this significant land holding is $300,000. Its classification as commercial land opens doors to diverse development possibilities, making it an attractive proposition for businesses seeking a prominent presence in a dynamic market. The substantial acreage allows for considerable expansion and future development potential. This property is ideal for entrepreneurs and investors looking to capitalize on the area's growth trajectory. Serious inquiries are encouraged to explore the full potential of this remarkable commercial land opportunity. The property is ready for immediate development, offering a streamlined path to realizing your commercial vision. Don't miss this chance to acquire a substantial piece of land in a rapidly developing region.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.