This 4.01 AC property located on West Picacho in Las Cruces, New Mexico is ideal for a home-based business, commercial location or an industrial operation. West Picacho is the continuation of US Highway 70 as you travel east or west through Las Cruces, NM. The property is extremely convenient to the intersection with I-10, the most southern cross-country interstate extending from coast to coast. Las Cruces is the second largest city in New Mexico and is conveniently located within a one-hour drive of El Paso Texas and the Mexican port of entry. The city is consistently ranked as one of the top locations to retire.
The property provides a well-balanced combination of commercial shop space, office space, a large recently updated home, an abundance of parking and irrigated farmland. The property is zoned light industrial which allows a broad spectrum of permitted uses. This offering includes three separate parcels. One is a 0.79 AC parcel with a primary residence and frontage on W. Picacho. The second parcel also has frontage on W. Picacho, has a storage building as well as some utilities. The third parcel is located north of the two 0.79 AC parcels and contains the insulated metal shop building, farmland a building that can be used as an office or bunk house as well as other improvements.
The large insulated metal shop is approximately 2200 sf, is heated by two oil heaters utilizing used motor oil, a 1650 SF shop with a commercial kitchen, a detached 252 SF office/bunkhouse with a full bathroom, horse corals, a pond and various sun shelters/storage sheds. There are +/-2.43 acres of irrigated farmland with 11.16 Ac-Ft of underground water rights. The subject property has two domestic wells and an irrigation well registered with the NM State Engineer's office.
The residence was originally constructed in 1975 and an addition was added in 2013. Upgrades in 2013 also included a metal roof, wrap-around porch, new windows and a stucco exterior. The home has refrigerated air provided by efficient mini-split systems. The kitchen is extremely large with commercial grade appliances, a huge pantry and a large center island. The kitchen, living room and dining room form an open floorplan perfect for entertaining. The home has porcelain tile in most areas as well as some carpet and some linoleum flooring.
The property has a plethora of potential uses related to business, agriculture or hobbies. It is incredibly easy to access. It also presents future development potential. With Las Cruces, NM quickly growing, this property would make a fantastic investment.