00000 Boling Lane, Las Cruces, NM 88007

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00000 Boling Lane is located in Las Cruces, NM.

The 51.73 acres located right adjacent to Picacho Hills off of Barcelona Ridge and Boling Lane is perfect for development. The acreage will allow up to 41-one acre lots in the prestigious Picacho Hills area. The price offered could allow finished 1 acre lots at around $30,000.00. It could allow finished homes in the $229,000 to $269,000 range. The area has pricing from $249,000 to over $1 million. The layout could offer outstanding views of the Organ Mountains and the Mesilla Valley. The Seller has already had some engineering work done and will pass along the information.
Seller is also willing to do a Joint Venture and will build homes for resale. The last appraisal done June 3rd, 2011 was $613,000 for the 51.73 acres. The land is priced with more than a 20% discount from the last appraisal. Broker does have a copy of the appraisal.