2000 County Rd D-061, Las Cruces, NM 88007

2000 County Rd D-061, Las Cruces, NM 88007
  • $1,900,000
  • $1,900,000
For Sale

This is a portfolio of three properties with over 1,000 Acre/Feet of geothermal undeveloped water rights. There are three parcels, the first one is 136 acres and it has access to the frontage road, County Road D-061. This tract is adjacent to Masson Farms to the West and Hacienda del Camino Real to the South. The second parcel is 81 acres. There is no access to the property unless walking around Masson Farms. The third parcel is 36 acres. This property is a bosque with wetlands and has more than a mile of frontage to the Rio Grande. This tract is landlocked from the river to the South and the Railroad to the North. There used to be an access to this property over the Railroad line at one point. The value on this portfolio is of course on the 136 acre tract and the subject property’s water rights, with potential for hydroelectric plant. This also would be great for a Hot Springs hotel or a great property to develop for residential use with beautiful view of the Robledo Mountains and the Rio Grande river.

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Dan Olivas and Associates
  • Dan Olivas and Associates