Vacant Land for Sale
Catylist Listing ID: 30180953
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 1 - 3.50 Acres
Sale Price: $4 - 6 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/6/2022

Overview / Comments

Building a business of any kind requires a sound location and strong area foundation filled with promising area development. This just might be the right site to consider at the right time. Numerous construction projects and newly completed structures are being developed adjacent to this location and in very close proximity. The site consists of two available tracts consisting of 1 acre fronting Del Rey Blvd and with an additional 2.5 acres directly behind it. Legal access to the larger of the two tracts is directly available off of Del Rey Blvd. If more land is also desired there is an additional 2.8 acres adjacent to the location that is also available front Del Rey Blvd. The new home for the VA Outpatient is directly adjacent to the subject land parcels with the possibility of additional VA support facilities also being developed at the location. Ben Archer Health Center is also completing there new complex directly behind Ashley Furniture. Development at the Highway 70 & I-25 interchange has never been stronger with well over 50% of the cities overall home building growth occurring within a short driving distance. The immediate availability for land has been absorbed in most respects on the other side of this interchange which has led to a growth spurt and interest where this land is being offered. Multiple medical concepts are most notably showing more and more interest with routine and other retail developments are also surfacing. This area in general could be a smart and steady location to grow your business for years to come. Give us a call to discuss the potential.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: R0225264 & R0225265
Zoning: PUD
Property Located Between: Just off Mars & Del Rey Intersection
Property Visibility: Good
Legal Description: Dona Ana County Accouts R0225264 & R0225265
Largest Nearby Street: Mars & Del Rey
Highway Access: I-25 & Del Rey
Airports: ELP & Las Cruces International Airport
Zoning Description: Planned Unit Development through the city of Las Cruces
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,165 60,260 105,667
Median Age: 37.01 35.56 34.73
Households: 2,062 23,797 41,946


Photograph of Listing Agent

Kary Bulsterbaum

Steinborn/TCN Commercial Real Estate
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