Property profile

3300 Bataan Memorial Las Cruces, NM 88011

FOR SALE
Land
Property ID
US61-0290643
6 ac lot
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For Sale
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3300 Bataan Memorial, Las Cruces, NM 88011
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Property summary

AI-generated overview

This exceptional 6-acre commercial property in Las Cruces, New Mexico, presents a significant investment opportunity. Strategically located at 3300 Bataan Memorial E, 88011, this land boasts excellent visibility from Highway 70, ensuring high traffic exposure for any commercial venture. The property is comprised of two distinct zoning classifications: A2 zoning encompasses approximately 1.48 acres, while the remaining 4.52 acres are zoned for commercial use, offering flexibility for a variety of development plans. Its proximity to major retailers like Walmart Supercenter, Sam's Club, and Walgreens further enhances its desirability and potential for strong returns. The property's location in Doña Ana County provides access to a thriving market and a robust infrastructure. This is a rare opportunity to acquire a sizable parcel of commercial land in a high-traffic area with established businesses nearby. The address is easily accessible from Highway 70, making it an ideal location for businesses seeking high visibility and convenient access for customers. The diverse zoning allows for a range of development possibilities, catering to various business needs and maximizing investment potential. This prime location and flexible zoning make this property an attractive investment for both short-term and long-term growth. The asking price is $595,000.

Property profile

Verified
Property type Land
Lot 6 ac (261,360 SF)
UPID US61-0290643

Cap rate & NOI

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

Location

3300 Bataan Memorial Las Cruces, NM 88011
Las Cruces metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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?”
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