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    OFF-MARKET
    Retail properties & Spaces

    0 Sonoma Ranch Blvd, Las Cruces, NM 88007

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    Property summary
    AI-generated overview

    This exceptional 4.84-acre commercial land parcel presents a remarkable redevelopment opportunity in Las Cruces, New Mexico. Situated on Sonoma Ranch Boulevard, this property enjoys excellent visibility and accessibility, boasting ample frontage along a major thoroughfare. Its location within the rapidly expanding Sonoma Ranch master-planned community places it at the heart of a thriving area with strong demographics. The property's proximity to Dona Ana Community College's East Mesa Campus, with its average enrollment of 3,000 students per semester, ensures consistent high traffic volume. Furthermore, its adjacency to the Sonoma Ranch Golf Course and its close proximity to major retailers like Walmart and Mountain View Memorial Medical Center further enhance its desirability and potential for significant return on investment. The land is zoned for mixed-use development, allowing for a variety of commercial ventures, including a strip center, perfectly suited to serve the substantial residential population of Sonoma Ranch. This is an ideal site for investors seeking a high-growth area with exceptional visibility and access to a large consumer base. The property's classification includes Retail, Office, Industrial, Mixed Use, and Land designations, offering considerable flexibility for development plans. The multi-tenancy potential further enhances the investment appeal. This is a rare opportunity to acquire a strategically located parcel in one of Las Cruces's most sought-after areas. The zip code is 88007, located in Doña Ana County.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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