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Parcel - Neumann LLC 40.18 Acres of Residential Land Offered at $2,500,000 in Las Cruces, NM 88012

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INVESTMENT HIGHLIGHTS

  • Excellent investment property by NASA.
  • Great for horse back riding.
  • Views to the East & West of National Monuments.

EXECUTIVE SUMMARY

Construction of new alternate Federal Highway 70 places the land less then a half mile away from a major highway which will eventually connect to I - 25.
Great for a development of homes each on an acre, which allows for horses. There are horse trails surrounding the area. To the East, which has an unobstructed view of the Organ Mountains, is a 21 mile long Animal Preserve. A new arena has been constructed on an 80 acre parcel a quarter of a mile away.

ATTACHMENTS

40-2

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Planned Unit Development
Total Lot Size 40.18 AC
Zoning R-1

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $62,220.01
Lot Size 40.18 AC

40.18 acres, electricity & water on land, View to both east & west of National Monuments. Plat for 33 homes around a park prepared by professional engineer.

DESCRIPTION

Blue skies and clean air! Escape polluted air and relocate to the southwest where nature and man co-exist peacefully in wide open spaces. Great for horse ranch and numerous riding trails through the BLM and mountains. 30 mile long animal preserve in the mountains. 40.18 acres of land located near NASA with views of the Organ Mountains to the East & Dona Ana Mountains to the West. Both are national monuments. View of 21 mile long National Animal Refuge in San Andreas Mountains to the East. The professional engineering plat is for 33 homes surrounding a park. Each site will allow for a horse. Abundant trails for horse back riding. Land is a quarter of a mile by a quarter of a mile. The selling price is $30,000 per acre or $1.2 million. The zoning is for one acre lots, R-1. With the joint venture between NASA and Spaceport coming in 2019 this is a good investment property. Other properties on Rabbit Run Road include a large pecan orchard. Electricity and water are on the land. Although homes in the area have septic tanks NASA has proposed a new sewage line to connect to the city which runs on the east side of the property where there is a dirt road. Located within a thirty minute ride to the university, hospitals and major shopping areas.

  • Listing ID: 11420939

  • Date on Market: 1/30/2018

  • Last Updated:

  • Address: Parcel, Las Cruces, NM 88012

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