Historic District Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30640077 |
| Property Subtypes: |
Multi-Family, Office, Retail, Self Storage
|
| Gross Land Area: |
0.25 Acres
|
| Sale Price: |
$48,900 |
| Unit Price: |
$195,600 Per Acre |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/12/2020 |
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 |
| Zoning: |
C2-COMMUNITY COMMERCIAL |
| 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 |
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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The information presented herein is provided as is, without warranty of any kind.
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