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1601 Mesquite St Las Cruces, NM 88001

OFF-MARKET Land Google Maps
Individually Owned 3-yr Hold
Estimated value
No estimation on file for this property yet.
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 Land
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

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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