Create Your Own Legacy on 320 Breathtaking Acres!!!

Vacant Land for Sale
Catylist Listing ID: 28463911
Property Subtypes: Multi-Family, Residential (Single Family), Vacation/Resort, Other
Gross Land Area: 30 - 324 Acres
Sale Price: $12,000 - 19,700 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2017

Overview / Comments

This property offers tremendous potential in one of the fastest growing markets in the Southwestern United States. The high bluffs overlook the famouns Rio Grande River, Mesilla Valley, and City of Las Cruces. Over 15 acres of the property offers prime agricultural land with prime Elephant Butte Irrigation District Rights (3 acre feet per acre). The property setting is peaceful and rural, yet it is within 45 miles of an urban population of 2,000,000 plus people and a major international trade and manufacturing center. This is an amazing opportunity to acquire, develop, or hold one of the only properties of its kind.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 02-39541, 02-39531, 02-39542
Zoning: HOLDING ZONE WITH CONDITIONS
Market Type: Medium
Property Located Between: I-10 & Motel off South Fairacres Road
Side of Street: South
Legal Description: Dona Ana County Parcels: 02-39541, 02-39531, 02-39542
Largest Nearby Street: Sourth Fairacres Road
Highway Access: I-10 & Motel off of South Fairacres Drive
Airports: ELP
Zoning Description: Holding Zone Guidelines with Conditions per City of Las Cruces
Development Name: Overlook Subdivision

Demographic Statistics

Proximity: 5 miles
Total Population: 1,722
Median Age: 41.22
Households: 645

Contact

Photograph of Listing Agent

Kary Bulsterbaum

Steinborn/TCN Commercial Real Estate
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