1,125 AC on Pete Domenici for Development

Vacant Land for Sale
Catylist Listing ID: 30368829
Property Subtypes: Residential (Single Family), Other
Gross Land Area: 1,125 Acres
Sale Price: $7,000,000
Unit Price: $6,222 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 1/4/2021

Overview / Comments

Great property for the Opportunity Reinvestment Zone. The restrictions have been removed and the property is ready to go. The previous owner was in the process of developing this land into a residential subdivision, when he decided to sell. So, there is some preliminary plumbing, and grading. Water is available through Camino Real Regional Utility Authority Department. The property is located in the corner of Pete V Domenici and Columbus Rd, Highway 9. The new Union Pacific Railroad Inter-model is finished/completed and promises to bring a lot of employment to the area. The owner is willing to work with a Buyer, and a purchase agreement with financing.

This listing is Co-listed with CBRE.

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 17-19462, 17-18109, 17-18110, 17-19587
Legal Description: S: 31 T: 28S R: 3E S: 30 T: 28S R: 3E S: 31 T: 28S R: 3E SUBD: VERDE PARTITION (BK 23 PG 681-682 - 1423753) LOT: PARCEL 1 S: 32 T: 28S R: 3E
Largest Nearby Street: Pete Domenici Hwy (10,100)
Feet of Frontage: 100
Site Description: http://www.teamjuanuribe.com/ For More Available Options
Area Description: Acreage: 1,125 Approx Benefits Through The State of Mexico May Be Available Owner Will Finance or Exchange 3 Minutes From International Port of Entry - On the Same Road. This Listing is Co Listed with CBRE
Topography: Level
Available Utilities: Electric, Water, Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,710 23,445
Median Age: 46.83 34.83
Households: 716 7,578


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