Catylist ID:
#29939772
Infill Opportunity - 4.11 Acres Zoned R-3 Walnut & Griggs
Vacant Land
for Sale
| Catylist Listing ID: | 29939772 |
| Property Subtypes: | Hospitality, Mobile Home Park, Multi-Family, Residential (Single Family), Other |
| Gross Land Area: | 4.11 Acres |
| Sale Price: | $360,000 |
| Unit Price: | $87,591 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/15/2021 |
Overview / Comments
|
Excellent location for multi-family development. Surrounded by city owned land and lots of rooftops. 4.11 Acres available zoned R-3. Possible Uses Include: Apartments (not to exceed ten attached units and may include condominiums) Assisted Living Boarding house Detached, site-built, single-family dwelling unit Fraternity house/sorority house Home for disabled Manufactured dwelling unit Mobile home park (see section 38-57) Patio homes Temporary/homeless shelter Townhomes Youth hostel The R-3 district is a medium density multi- dwelling district allowing up to 20 dwelling units per acre. Single-family site-built/manufactured, patio homes, townhomes, apartments (in any configuration/grouping not exceeding the density or ten attached unit limit) and mobile home parks are the only types of housing permitted in this zone. |
Attachments & Media
Additional Details
| Nearest MSA: | Las Cruces |
| County: | Dona Ana |
| Tax ID/APN: | 02-09631 |
| Zoning: | R-3 |
| Property Visibility: | Good |
| Highway Access: | I25, I10, Hwy 70 |
| Airports: | El Paso International Airport |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 14,340 | 82,619 | 113,293 |
| Median Age: | 32.97 | 34.33 | 34.86 |
| Households: | 5,755 | 33,689 | 45,144 |
Contact
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
