MAKE A COMPELLING LAND TRACT THRIVE!
|Catylist Listing ID:
Multi-Family, Office, Residential (Single Family), Retail, Self Storage, Other
|Gross Land Area:
||$43,738 Per Acre
||Cash to Seller
Overview / Comments
This is a versatile land tract with a wide variety of development possibilities located within a very affluent area of the local community and surrounded by a consumer base that spend well above the national averages. Development of this land can truly fill a unique market void and additional adjacent land is also available for an expanded discussion. The ownership will also consider division scenarios for specific projects if they add value to the overall development intent. The current property zoning is currently within a "holding" zone and is undergoing a zone change application to give buyers the opportunity to expand their immediate development options. A high percentage of the immediate area residents are approaching the age of retirement or are at a point in their lives where the household size is limited. To be clear this resident base continues to lead a very active lifestyle. Home ownership is very high along with the pride in ownership which would indicate that unique home improvement concepts could possibly be a consideration at the tract. Quality would seems to be the focus over cost. Density is not the area norm as most area residents prefer less crowded neighborhoods and unique development concepts. Demographic stats also show that the immediate area population has a high population of college educated residents. All of the above described elements would point to development opportunities that can be well diversified and offer a wide variety of possibility. The area has also seen a demand for significant service related uses for general office, financial services and beyond. The site is further enhanced by that fact it has great visibility and is directly located where Interstate 10 & Interstate 25 merge and can offer great visibility and notoriety for any developer trying to make a splash. Give us a call today to discuss this opportunity further. it is truly unique.
Attachments & Media
||Dona Ana County
||A-2 (ZONE CHANGE APPLICATION PENDING)
|Property Located Between:
||Corner of Las Alturas & Tellbrook
||Dona Ana County Account R0216708
||Interstate 10 & University to the South or Interstate 10 & Mesquite Exit to the North. Located at Interstate 10 & Interstate 25 merging point
||ELP & Las Cruces International
||A-2 zoning standards per City of Las Cruces guidelines. A zone change is pending for blended R-4 & C-3 zoning of uses. Call listing broker to discuss elements if necessary.
||Electric, Water, Gas
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