272 Acres on Pete Domenici

Vacant Land for Sale
Catylist Listing ID: 30441169
Property Subtypes: Industrial, Multi-Family, Retail, Other
Gross Land Area: 272 Acres
Sale Price: $6,786,400
Unit Price: $24,950 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit, Sale/Leaseback, Other
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

This is a developers dream. This property has frontage on three major streets, Pete V Domenici Memorial Highway, Strauss Road and Twin Cities Avenue. The property has three corners fronting major intersecting streets. First, at Pete V Domenici Memorial Highway and Twin Cities Avenue. Second, at Pete V Domenici Memorial Highway & Strauss Road. Third, at Strauss Road and Industrial Drive. This property can be subdivided, if interested party would like to purchase a tract of 60 acres or more. The owner will finance. This property is located in close proximity to the Santa Teresa International Border Crossing which brings high volumes of traffic to and from Mexico. It is also a few minutes from the Santa Teresa Railroad Inter-modal Park, as well as the City of El Paso and the Santa Teresa Industrial Park. It makes sense to develop this property since a master development can be planned from the get go.
For more information call Juan Uribe - NM Qualifying Broker (915)479-5151

This listing is Co-listed with CBRE.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 4012167279091
Legal Description: S: 25 T: 28S R: 2E
Largest Nearby Street: Strauss
Feet of Frontage: 6,000
Site Description: Pete Domenici Frontage 2000 Twin Cities Frontage 2000
Area Description: Lot Size: 11,848,320 Sq. Ft. By the Santa Teresa Inter-modal & Rail Road Two minutes from the Santa Teresa - Mexico International Crossing All utilities are easy due to development all around the property The circle on the property is grass that is being harvested for homes. Owner will look at offers, owner will finance.
Zoning Description: commercial
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,710 12,561
Median Age: 46.83 34.75
Households: 716 3,965


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