Historic District Development Opportunity

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30640077
Property Subtypes: Multi-Family, Office, Retail, Self Storage
Status: Pending/Contingent
Gross Land Area: 0.25 Acres
Sale Price: $36,000
Unit Price: $144,000 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/6/2022

Overview / Comments

Commercial development lot located in the original Las Cruces townsite , Mesquite Historic District, a bustling redevelopment sector featuring retail, multifamily, food service and small business. Just 3 blocks from the Downtown Main Street redevelopment retail and entertainment district. Live, work, play within one mile! Property is located just off the corner of major thoroughfares and is an ideal location for small development projects. City of Las Cruces require proposed site plans to be reviewed and approved of by South Mesquite Overlay.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: 4007135366337
Property Located Between: Lohman Ave and Kansas Avenue
Property Visibility: Good
Legal Description: ORIGINAL TOWNSITE Lot: PC 4 Block: 89 S: 18 T: 23S R: 2E S SAN PEDRO
Largest Nearby Street: Lohman Avenue
Feet of Frontage: 77
Site Description: Undeveloped parcel ideal for multifamily, duplex, small business
Area Description: commercial C-2 zoning runs nearly the length of the Mesquite Neighborhood, from the northern boundary at Madrid to the south side of Lohman, on both sides of Mesquite Street. C-2 zoning encourages development of uses that provide retail and service activities as a convenience to adjacent neighborhoods and usually serve from 5,000 to 30,000 people. Land uses in that area show scattered clusters of commercial along the Mesquite Street, except along the one-way streets of Amador and Lohman where commercial uses dominate. In addition, there are a few small patches of O-1 (Office, Neighborhood—Limited Retail Services), C-1 (Low Intensity Commercial), C-2C (C-2 Conditional) and 01_C-2C (C-2 Conditional under 2001 code) A substantial number of parcels are also used for apartments of eight or more units and a lesser number for multi-family dwellings with from two to six units. These are concentrated around the heart of the neighborhood area between Spruce and Bowman. Neighborhood commercial uses predominate along Lohman and Amador, following the zoning and the faster pace of automobile traffic on those one-way streets. Low intensity commercial uses also dot portions of Mesquite Street, occupy a few frontages on Campo Street, and form a few clusters at the northern end of the plan boundary.
Lot Frontage: 77
Lot Depth: 145
Zoning Description: C2 Community Commercial
Part of Planned Development?: Yes
Development Name: Mesquite Historic District
Topography: Level
Easements: Ingress/Egress
Easements Description: Easement to north of property serving adjunct property 115' x 12'
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,688 78,225 109,352
Median Age: 36.05 33.15 35.1
Households: 6,412 31,311 43,799


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