EAST MESA R-4 OFFERING. GREAT VISIBILITY!

Vacant Land for Sale
Catylist Listing ID: 30171320
Property Subtypes: Multi-Family, Other
Gross Land Area: 1.51 Acres
Sale Price: $150,000
Unit Price: $99,337 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2017

Overview / Comments

This is a very visible property on the East Mesa just off a major exit in close proximity to other adjacent multi-family that has been built new in recent years. The visibility, area growth, and overall notoriety should make it very appealing for continued development. The property consist of three contiguous parcels which are being sold together which should maximize the total number of units that could be constructed along with being able to also add unique additional value added services.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: R0237648, R02237647
Zoning: R-4 PER CITY OF LAS CRUCES GUIDLINES
Property Visibility: Excellent
Largest Nearby Street: Reynolds & Wilt
Airports: ELP & Las Cruces International
Zoning Description: R4 per city of Las Cruces
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,917 25,879 46,773
Median Age: 31.27 34.06 34.78
Households: 651 9,492 17,953
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