NW Corner Rinconada & Northrise

Vacant Land for Sale
Catylist Listing ID: 30759822
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 7.50 Acres
Sale Price: $2,550,000
Unit Price: $340,000 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/16/2021

Overview / Comments

Located in the fastest growing retail and residental trade area in Las Cruces
Close proximty to WalMart Super Center, Walgreen's, Verizon, Mister Car Wash, Dutch Bros, Murphy Express, Taco Bell, and Panda Express
Traffic Count on Hwy 70: 42,910 VPD 
Traffic Count on Northrise Drive: 10,116 VPD     

This +/-7.5 acre parcel is part of a Wal-Mart anchored development located along Highway 70 in Las Cruces, NM. The property presents one of the few opportunities to acquire a larger tract for development in this trade area. The parcel sits across Rinconada from some of the newest retail additions to Las Cruces, including Dutch Bros, Mister Car Wash, Arby’s, Walgreens and more. The tract has excellent visibility from Highway 70 with access points in or planned along Rinconada and Northrise.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 4009131044410

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,523 49,258 100,782
Median Age: 33.19 35.25 34.88
Households: 679 19,119 39,645
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.