VISIBLE, EMERGING, & UNDERUTILIZED DESTINATION

Vacant Land for Sale
Catylist Listing ID: 30641800
Property Subtypes: Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 34,674 - 224,769 SF
Sale Price: $5.78 - 12.50 PSF
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

This is a very flexible land location with allow a potential party to evolve, grow and prosper. It has a great zoning gamut for traditional retail business and a wide variety of service uses and beyond. It is also located within a flexible infill overlay district that would allow for streamlined adjustments if required. The immediate surrounding area is dominated by well established car dealerships, medical operations, and state related office concepts. It most notably continues to see interest from state and municipal funded development concepts that are seeking to upgrade their existing facilities. With a daytime population within 5 minutes of 34,000 plus, immediate access to over 1400 existing business establishments, and 20,000 plus employees the site can be used for far more than what dominates the current business landscape. Over fifty percent of this five minute population base has jobs that are white collar related. The location is also in very close proximity to the very affluent Mesilla Park district and can potential support a wide variety of home improvement and unique home ownership concepts. A case can also be made for unique multi-family and residential concepts due to the surrounding housing and demographic dynamics in addition. The site also offers some unique and cost effective onsite ponding options due to its proximity to an adjacent drain lateral. The fact the location is within an infill overlay district also allows the following enticements that include but are not limited to:
* A Streamlined Permit Review Process
* Expedited Permitting
* Design Flexibility
* Use Flexibility
* No Permit Fees
* No Add On Building Fees

This site can truly be your organizations road to increased revenues and potential. Give us a call today to discuss.

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: 4007137394005
Zoning: C-3
Property Visibility: Good
Legal Description: Dona Ana County Accounts R0207435 & R0230019
Largest Nearby Street: South Main Street & Farney
Highway Access: Interstate 10 & University exit way
Airports: ELP & Las Cruces International
Zoning Description: C-3 per City of Las Cruces Guidelines within the Infill Overlay District
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,459 67,980 103,872
Median Age: 30.15 32.51 35
Households: 4,900 27,099 41,718

Contact

Photograph of Listing Agent

Kary Bulsterbaum

Steinborn/TCN Commercial Real Estate
CARNM CIE Member
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