Bulk Land Sale, Ready for Development

Vacant Land for Sale
Catylist Listing ID: 28889929
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Other
Gross Land Area: 375 Acres
Sale Price: $21,200,000 - 22,132,000
Unit Price: $56,533 - 59,018 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/11/2017

Overview / Comments

RESIDENTIAL
Commercial
Commercial / Multi-Family
/ Flexible Zone
Multi-Family
• 58 LOTS FULLY DEVELOPED (28 UNDER CONTRACT)
• APROX. 280 ACRES OF RAW LAND TO BE DEVELOPED WITH
A DENSITY OF 4 DWELLING UNITS PER ACRE (1,120)
• 2 SUBDIVISIONS - 92 LOTS TOTAL READY FOR PERMIT,
ENGINEERED, PLATTED AND APPROVED (21.5 ACRES / 50
LOTS UNDER CONTRACT)
• THE BALANCE OF THE LAND IS 258.5 ACRES (PARTIALLY
ENGINEERED, ZONED AND MASTER PLANNED)
• 34.093 ACRES OF COMMERCIAL LAND, CONSISTING OF 19
FULLY DEVELOPED LOTS
• 38.09 ACRES
• 16.8 ACRES (2.77 ACRES UNDER CONTRACT)

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,596 51,152 103,797
Median Age: 39.38 36.09 34.03
Households: 5,131 21,317 41,222

Source

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