

1.24± Acre Retail Development Site
Prime Development Site in Las Cruces' Primary Retail Submarket with Access to Mesilla Valley Mall
Marketing description
Las Cruces, NM: 1.24± Acre Retail Development Site at 550 S Telshor Blvd. (Dona Ana County)
Selling Absolute - No Minimums - No Reserves - 10% Buyer’s Premium - Online Only
Click HERE for More Information
For Sale by Order of the Secured Lender - Prime Development Site in Las Cruces' Primary Retail Submarket with Access to Mesilla Valley Mall Ring Road
Bidding Starts to Close: Tuesday, June 16, 2026, at 1:00 PM MT
Inspection: Inspect anytime.
Property Address: 550 S Telshor Blvd., Las Cruces, NM 88011
Please Note: Whereas it is possible that this listing is posted with a stated price as may be required by certain marketing platforms, this asset could sell for more or less than the stated price since this is an auction.
Executive Summary
This 1.2± acre commercial development site is located at the southeast corner of Interstate 25 and Lohman Avenue within one of Las Cruces’ most active retail corridors. Positioned adjacent to Mesilla Valley Mall, the property offers strong visibility, established roadway access, and a highly desirable commercial setting for retail, restaurant, medical, banking, or mixed-use development.
The site is supported by significant surrounding retail activity, strong regional traffic patterns, and a growing consumer base. Nearby national retailers, restaurants, hotels, and entertainment destinations create a well-established trade area that continues to attract both local and regional consumers.
With approximately 119,000 residents within a 5-mile radius and no environmental concerns identified in the Phase I Environmental Assessment, the property presents a compelling opportunity for developers and owner-users seeking a well-positioned commercial site in Southern New Mexico.
Investment Highlights
- Prime Retail Pad Opportunity – 1.2± acre commercial development site adjacent to Mesilla Valley Mall within one of Las Cruces’ most active retail corridors
- Strategic Interstate Positioning – Located at the intersection of Interstate 25 and Lohman Avenue with strong regional accessibility
- Exceptional Visibility – Prominent frontage and exposure from I-25, Lohman Avenue, and Telshor Boulevard
- High Traffic Exposure – Approximately 31,211 VPD along I-25, 32,766 VPD along Lohman Avenue, and 20,154 VPD along Telshor Boulevard
- Flexible Commercial Zoning – Zoned C-3 allowing for retail, restaurant, medical, banking, and mixed commercial development
- Development Ready Site – Ideal for QSR, fast casual, restaurant row, retail pads, or medical office concepts with drive-thru potential
- Established Retail Corridor – Surrounded by national retailers, restaurants, hotels, and entertainment destinations
- Strong Consumer Demographics – Approximately 119,000 residents within a 5-mile radius
- Regional Retail Synergy – Nearby tenants include Target, Walmart, Dick's Sporting Goods, Ross, Marshalls, Sprouts, Chick-fil-A, and Home Depot
- Clean Environmental Report – Phase I Environmental Assessment identified no RECs or CRECs associated with the property
Site & Improvements
The property is currently undeveloped and offers flexibility for multiple commercial configurations, including retail pads and drive-thru concepts. Existing roadway infrastructure and shared circulation access through the surrounding retail corridor provide convenient ingress and egress for future development.
The site’s visibility, access, and surrounding commercial density position it well for a variety of high-performing commercial uses.
Location & Market Overview
Las Cruces serves as the primary economic and retail hub for Southern New Mexico. The market benefits from continued growth driven by New Mexico State University, healthcare expansion, tourism, and regional commerce along the Interstate 25 and Interstate 10 corridors.
The property is situated within the city’s dominant retail trade area near the Lohman Avenue and Telshor Boulevard interchange. The corridor features a dense mix of retail, dining, hospitality, and service-oriented businesses that generate consistent consumer traffic throughout the day.
Demographics Within a 5-Mile Radius
- Population: 119,284
- Average Household Income: $77,307
- Daytime Employment: 62,081 employees
The combination of regional visibility, surrounding commercial activity, and strong demographics makes this property an attractive development opportunity within one of Southern New Mexico’s most established retail corridors.
Dona Ana County Tax Parcel: 4-009-135-190-057
2026 Dona Ana County Tax Value: $594,154
2026 Dona Ana County Property Taxes: $6,614.72
Zoning: C-3 Commercial
Terms: Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, Earnest Money Deposit 10% of Purchase Price, 2% Broker Co-op, close in 30 days.
Auction Management Corporation in Cooperation with Jake Redfearn of NAI 1st Valley, NM License # 19973
NAI 1st Valley: 575-521-1535
Investment highlights
- Prime Retail Pad Opportunity – 1.2± acre commercial development site adjacent to Mesilla Valley Mall within one of Las Cruces’ most active retail corridors
- Strategic Interstate Positioning – Located at the intersection of Interstate 25 and Lohman Avenue with strong regional accessibility
- Exceptional Visibility – Prominent frontage and exposure from I-25, Lohman Avenue, and Telshor Boulevard
- High Traffic Exposure – Approximately 31,211 VPD along I-25, 32,766 VPD along Lohman Avenue, and 20,154 VPD along Telshor Boulevard
- Flexible Commercial Zoning – Zoned C-3 allowing for retail, restaurant, medical, banking, and mixed commercial development
- Development Ready Site – Ideal for QSR, fast casual, restaurant row, retail pads, or medical office concepts with drive-thru potential
- Established Retail Corridor – Surrounded by national retailers, restaurants, hotels, and entertainment destinations
- Strong Consumer Demographics – Approximately 119,000 residents within a 5-mile radius
- Regional Retail Synergy – Nearby tenants include Target, Walmart, Dick's Sporting Goods, Ross, Marshalls, Sprouts, Chick-fil-A, and Home Depot
- Clean Environmental Report – Phase I Environmental Assessment identified no RECs or CRECs associated with the property
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