655 W University Avenue, Las Cruces, NM 88005

$1,500,000
List Price
$1,500,000
MLS#
808785
Status
ACTIVE
County
Dona Ana
City
Las Cruces

Property Description

655 East University is the last parcel of land available for development on University Avenue. This property is located across University Avenue from the brand new City of Las Cruces Convention Center. This location is also located across from the new hotel being built. The new hotel will have over 200 rooms, restaurant, and meeting rooms. With over 2.07 acres of prime commercial land, the development possibilities are excellent. Seller will sell the land or will develop and lease back to the right tenants. Contact agent for more details on the ''Will Build to Suit.'' Convention Center is scheduled to open late 2010 and the Hotel will be open about the same time. This location is perfect for a large restaurant or two restaurants with shared parking. Closing agent will be Billy Moya at Bueno Title.

Additional Information

Days on Market
3323

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Calculator source: Real Geeks

Listing courtesy of Steinborn & Associates.