2.68 Acres For Sale Near Motel Blvd & Picacho - Zoned C3C

Vacant Land for Sale
Catylist Listing ID: 28770046
Property Subtypes: Office, Retail
Gross Land Area: 2.68 Acres
Sale Price: $4 PSF
Total Price: $466,963
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 3/20/2019

Overview / Comments

+/- 2.68 acres for sale near the intersection of Picacho and Motel. A very unique site located in close proximity to an up and coming retail corner. Numerous nationally known retail names have located within the immediate area in recent years. The site sits adjacent to a larger amount of acreage to the rear property line for which the opportunity to purchase additional property if desired is possible. A wide variety of development options and zoning flexibility is available. Housing in recent years has expanded by over 1000+ roof tops within a one mile radius of the site. It is even more extensive within a three mile corridor. Traffic has continued to increase with a wide variety of retail concepts, newly built county public facilities and financial institutions. Supply versus demand short falls are evident for specific retail concepts. The site would also make a sound office location for the right concept as Dona Ana County has made a large investment in the area with the construction of the new county courthouse around the corner. Please take advantage of this unique opportunity.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 02-18674 & 02-40623
Zoning: C3C
Market Type: Medium
Side of Street: South
Road Type: Paved
Property Visibility: Good
Largest Nearby Street: PICACHO
Highway Access: I-10, I-25 AND HWY 70
Airports: El Paso International Airport

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,260 50,544 104,422
Median Age: 28.31 36.09 34.45
Households: 2,261 19,733 41,321
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.