This Land Property is no longer advertised on LoopNet.com.

655 E University Ave
Las Cruces, NM 88005
Convention Center Land · Land For Sale · 2.07 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Bank
  • Fast Food
  • General Freestanding
  • Hotel
  • Neighborhood Center
  • Restaurant
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Center
Total Lot Size 2.07 AC
Zoning UAC-5B

Description

This is truly a location for which a party can develop with confidence at a location ripe with future opportunity for a wide variety of concepts. The overall uniqueness of it is evident from the start. It has a very healthy traffic volume and is located just off of a hard corner directly across from the newly built Las Cruces Convention Center and Marriott Courtyard Hotel which is ran by the housing and tourism department at New Mexico State University. Numerous high profile retail, financial services, state offices, and beyond have existed in the area for years. More importantly, the site in close proximity to the front doorstep of New Mexico State University and is quickly accessible off of the Interstate 10 and University Interchange. The development opportunity is quickly evident whether it be in the form of traditional retail, or unique retail concepts that would blend well in a University setting or surrounding area neighborhood. An analysis of the area would also indicate that the expansion of a wide variety of office concepts would also be viable. The location is in close proximity to the Mesilla Park which offers a demographic base that spends above national averages in a variety of categories. It is also near a large university employment base and thrifty young shopping base that desires unique retail options. There are so many opportunities for general merchandise, home improvement entertainment, unique specialty food concepts and beyond that exist within this district. The land division will also be considered if this is a concern. Last but not least the area is located in an area that is of significance to the overall master development plan of New Mexico State University and is certain to be front and center in the minds of the community leaders and developers for years to come. This is simply an opportunity you need to assess and discuss. Give us a call and we will be happy to elaborate further on this unique opportunity.

Property Taxes

Property Taxes

Parcel Number
02-26594
Land Assessment
$112,531
Improvements Assessment
$0
Total Assessment
$112,531
  • Listing ID: 16368619

  • Date on Market: 6/17/2019

  • Last Updated:

  • Address: 655 E University Ave, Las Cruces, NM 88005

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