peachtree hills, las cruces, nm · peachtree hills, las cruces, nm. property details . 201 n church...

The above information is from sources believed to be reliable, but Stoes Real Estate Advisors, LLC has not verified the accuracy of the information. Stoes Real Estate Advisors, LLC makes no guarantee, warranty or representation as to the information, and assumes no responsibility for any error, omission or inaccuracy. The information is subject to the possibility of errors, omissions, changes of condition, including price or rental, or

withdrawal without notice. Any projections, assumptions or estimates are for illustrative purposes only. Recipients should conduct their own investigation.

RICK STOES – MANAGING DIRECTOR p | 575.650.6000 e | [email protected] 201 N Church Street, Suite 200 • Las Cruces, NM 88001 nm 575.523.6000 • tx 915.603.5700 • f 575.523.7777 www.stoes.com

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ACREAGE: ± 160 ASKING PRICE: $1,200,000 ZONING: ER5M

OWNER FINANCING OR CO-DEVELOPMENT OPPORTUNITIES

AREA LOCATION: Located minutes away from Red Hawk Golf Course designed by Ken Dye and built in a beautiful high-desert setting. The course blends wonderfully into the natural terrain and features panoramic views of the Organ and Dona Ana Mountains. This is a true championship golf course that measures 7,523 yards from the farthest of the 5 tees on its 18 holes. The 200-acre links-style course offers golfers a unique challenge with its rolling greens, 76 bunkers, and 5 lakes (with water coming into play on 8 holes).

PROPERTY DETAILS

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1 mile 3 miles 5 miles

Total Population: 4,042 14,946 45,406

Median Age: 28.98 30.56 34.7

Households: 1,290 4,957 17,255

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CITY OF LAS CRUCES

METRO VERDE

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PROPERTY DETAILS

201 N Church Street, Suite 200 • Las Cruces, NM 88001 nm 575.523.6000 • tx 915.603.5700 • f 575.523.7777 www.stoes.com

New Mexico’s second-largest city was founded in 1849, subsisting in the early years on agriculture and trade along the Rio Grande corridor. However, what began as a quiet farming community has grown into one of America’s “Best Performing Small Cities” as ranked by Forbes.com and the Milken Institute. With an economy driven by aerospace research and development at nearby White Sands Missile Range, Las Cruces has developed an ever-increasing base of private employers and light manufacturing facilities. Previously ranked among the top ten metros in growth nationwide, Las Cruces has more than doubled in size since 1970. Spectator sports are a favorite for fans of NCAA Division 1 intercollegiate sports as well as several state championship high school programs. Nearly every weekend offers an opportunity to attend some sporting event, be it football, basketball, volleyball, tennis and a host of others. Aggie Memorial Stadium, home of the NMSU Aggie football team, seats 30,000 and the Pan American Center, home of the Aggie men’s and women’s basketball and volleyball teams, seats 13,000. Dona Ana County 209,233 Median Age 33.1 Households 83,132 Household Size 2.67 Median Housing Value $166,751 Family Size 2.67

Las Cruces features many outdoor recreational activities due to its year-round temperate climate. With an average of 340 days of sunshine and an average high temperature in January of 59 degrees, virtually every week of the year offers great golfing at 4 local golf courses. There are over 90 city parks and the recreation areas in the adjoining Organ Mountains offer hiking and trail bike riding just minutes away. For other outdoor enthusiasts, winter sports, summer time camping, hunting, and fishing are less than 2 hours away in several nearby national forests. New Mexico has one of the lowest property tax rates in the nation which is a considerable advantage for high capital investment projects. New Mexico also offers a number of attractive incentive programs and tax breaks for new job creation. The City of Las Cruces and Doña Ana County often augment these state programs with the Local Economic Development Act. These programs coupled with recent passage of legislation reducing the top corporate income tax rate to 5.9% make the New Mexico Borderplex an attractive location for your business expansion. Educational Attainment High School or Higher 84.1% Bachelor’s or Higher 30.1% Source: 2018 MVDA

LAS CRUCES – DONA ANA COUNTY

The above information is from sources believed to be reliable, but Stoes Real Estate Advisors, LLC has not verified the accuracy of the information. Stoes Real Estate Advisors, LLC makes no guarantee, warranty or representation as to the information, and assumes no responsibility for any error, omission or inaccuracy. The information is subject to the possibility of errors, omissions, changes of condition, including price or rental, or withdrawal without notice. Any projections, assumptions or estimates are for illustrative purposes only. Recipients should conduct their own investigation.

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This copyright protected form was created using Instanet Forms and is licensed for use by Phillip Stoes.

Broker shall update these and all other required disclosures as needed.

This copyright protected form was created using Instanet Forms and is licensed for use by Phillip Stoes.

Phillip R. "Rick" Stoes 14450

Stoes Real Estate Advisors, LLC 575-523-6000 [email protected]

peachtree hills, las cruces, nm · peachtree hills, las cruces, nm. property details . 201 n church...

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