Property profile

2895 E Northrise Dr Las Cruces, NM 88011

FOR SALE
Land
Property ID
US61-0100846
2 ac lot
Entity Owned
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2895 E Northrise Dr, Las Cruces, NM 88011 For Sale
$784,080
2895 E Northrise Dr, Las Cruces, NM 88011
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel is ideally situated at the intersection of Roadrunner Parkway and Northrise Drive in Las Cruces, New Mexico, zip code 88011. Its prime location offers unparalleled access to established businesses, making it an attractive prospect for various commercial developments. The property's address is 2895 E Northrise Dr, within Doña Ana County. The asking price for this significant investment opportunity is $1,742,400. The seller is open to dividing the acreage, presenting flexibility for potential buyers with varying needs and project scales. This location provides excellent visibility and accessibility, crucial factors for attracting customers and ensuring business success. The property's coordinates are 32.3555037 latitude and -106.7572712 longitude. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area of Las Cruces, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore this promising venture. The property is classified as commercial land.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)
UPID US61-0100846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2895 E Northrise Dr Las Cruces, NM 88011
Las Cruces metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
1 recorded transaction
2025
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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