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Land for sale by owner, ideal for multifamily.
3500 Morning star Dr. is aland property for lease in Las Cruces, NM. The property currently has 1 land for lease and is marketed by .
3500 Morning Star Dr.
Residential Multi-Family Parcel For Sale:
SITE ACREAGE: 26.16 ±
PRICE PER SQUARE FOOT: $3.00
SALES PRICE: $3,418,588.8
A 26. acre parcel located in the East Mesa area of Las Cruces is being offered for sale. This area of the city has been the focal point for a majority of the residential and commercial development activity over the past several years. A 2007 study by a land development firm estimates over 70,000 dwelling units are in the planning or permitting phase on the eastern side of the city.
In response to the burgeoning population base, commercial projects are working their way East along U.S. Highway 70 towards the Organ Mountains. Principal among these is the Rinconada Town Center, a 900,000 square foot retail, office and services center located within a mile of the subject property scheduled to begin construction in 2009.
Located in north east Las Cruces,NM, the fastest growing section of the city.
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