For Sale
$653,400

1240 El Paseo RdLas Cruces, NM 88001

Prime 1-acre retail pad site, build-to-suit option.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1-acre commercial land parcel presents a unique investment opportunity in Las Cruces, New Mexico. Located at 1240 El Paseo Rd, 88001, this property boasts a highly desirable location on a major thoroughfare, El Paseo Road. This key artery connects the vibrant downtown business district with New Mexico State University, ensuring high visibility and substantial traffic exposure. The site benefits from an annual average weekday traffic count of 15,841 (2023 data), providing excellent access and visibility for any commercial development. City utilities are readily available, simplifying the construction process. The property is zoned for commercial use and offers a build-to-suit option, allowing for maximum flexibility in development plans. Its proximity to the central business district (within one mile) and numerous city and federal buildings further enhances its appeal and potential for strong returns. This prime location offers unparalleled access and visibility, making it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly sought-after commercial land parcel in a thriving New Mexico market.

Highlights

  • $653,400 asking price for 1-acre commercial land parcel.
  • Located in Las Cruces, NM, at 1240 El Paseo Rd, in Doña Ana County, zip code 88001.
  • Build-to-suit option available.
  • High-traffic location with 15,841 AADT (2023) on El Paseo Rd, offering excellent visibility.
  • Commercial zoning, city utilities available, and convenient access to El Paseo Rd.
  • Near downtown Las Cruces, city and federal buildings, and within one mile of the central business district.

Property Details for 1240 El Paseo Rd

Property type
Land
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Las Cruces
County
Doña Ana
State
New Mexico
Latitude
32.299159501081
Longitude
-106.77367480494
1240 El Paseo Rd, Las Cruces, New Mexico

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1240 El Paseo Rd
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