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Property profile & analytics
OFF-MARKET
Commercial real estate

6557 Mcnutt Rd Anthony, NM 88021

100 ac lot
Individually Owned 2-yr Hold
Property ID
US61-0324660
Property summary
AI-generated overview

This exceptional 100+/- acre parcel in Anthony, New Mexico, presents a unique investment opportunity. Located near the Santa Teresa airport, the Santa Teresa Border-Plex district, and the new Union Pacific Intermodal station, this property boasts a strategic location within a rapidly growing market. Zoned T2 – Rural, allowing for mixed-use development, the land offers considerable flexibility for various projects. Access is subject to New Mexico Highway Department approval, with potential access points off Koogle Road or Mcnutt Road. Utilities are readily available, including high-pressure sewer along McNutt Road (or septic options), a water well, El Paso Electric for electricity, and gas service along McNutt Road. The sale is contingent upon legal subdivision and platting with Doña Ana County. Benefit from low New Mexico real estate taxes. This property at 6557 Mcnutt Rd., Anthony, NM 88021 (31.904547, -106.66234) offers significant potential for developers seeking a prime location in a thriving area. The possibilities are numerous, making this a compelling investment in a dynamic region. The asking price is $800,000.

Property profile
Verified
Property type Commercial real estate
Lot 100 ac (4,356,000 SF)
UPID US61-0324660
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Johann Rempel Froese · 2 yrs held
Johann Rempel Froese
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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