4750 Del Rey BlvdLas Cruces, NM 88012

Property Details for 4750 Del Rey Blvd

Lot size

25.70 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 25.7-acre parcel in Las Cruces, New Mexico, presents a compelling investment opportunity. Located at 4750 Del Rey Blvd, 88012, this property boasts a highly desirable location, offering convenient access to both commercial services and established residential subdivisions. The land's strategic position at the corner of Del Rey Blvd and Tucson Avenue (east side of Del Rey) ensures high visibility and accessibility. Its history includes prior approval as a residential subdivision, "Desert Isles," encompassing 69 lots, each approximately one-third of an acre. Further development potential has been explored, including a townhouse subdivision plan proposing approximately 145 lots. This versatile property offers significant flexibility for various development scenarios, making it an attractive prospect for developers seeking a prime location with a proven track record of residential viability. The asking price is $1,275,000. The property is situated in Doña Ana County and is easily accessible for viewing. This raw land presents a unique chance to capitalize on the growing Las Cruces market.

Location Insight

City

Las Cruces

County

Doña Ana

State

New Mexico

Latitude

32.3786

Longitude

-106.788

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