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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1601 Mesquite St, Las Cruces, NM 88001

    Individually Owned 3-yr Hold
    Property ID
    US61-0188920
    Property summary
    AI-generated overview

    This exceptional 115,000 dollar agricultural land parcel, located at 1601 N. Mesquite Street in Las Cruces, New Mexico, presents a unique investment opportunity. Situated in Dona Ana County, zip code 88001, this property boasts a highly desirable commercial corner lot location. The land is classified as agricultural, offering versatile potential for various uses within this designation. The asking price has been adjusted to facilitate a swift sale, making this an attractive proposition for discerning buyers. The property's coordinates are 32.324174 latitude and -106.779356 longitude. This is a rare chance to acquire a strategically positioned piece of land in a growing New Mexico market. Seller financing is available, offering flexible payment options to qualified buyers. Don't miss this opportunity to secure this valuable asset. Act quickly, as this property is expected to sell rapidly. The property is categorized as "Other" within the agricultural subtype. No units are included in this land sale.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US61-0188920
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    David Smith JR · 3 yrs held
    David Smith JR
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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