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    Bulk Rd Deming, NM 88030

    For Sale
    $525,000

    45.64 Acres, 35 Lots Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Exceptional investment opportunity in Deming, New Mexico! This 45.64-acre parcel, encompassing a 35-lot subdivision known as L Lazy V Estates, is offered for sale at $525,000. Each lot ranges from one to two acres, providing ample space for various development possibilities. The subdivision boasts a secluded country setting with stunning mountain and desert views, while still being conveniently located near Deming's amenities. City of Deming water and PNM Electric are accessible at the street for each lot. Buyers will be responsible for installing septic and propane tanks as needed. A significant advantage is the absence of Homeowners Associations (HOAs) or restrictive covenants, codes, and restrictions (CC&Rs). Furthermore, seller financing is available, making this an attractive and accessible investment. This bulk sale presents a unique chance to acquire a substantial land holding with considerable development potential in a desirable location. The individual lots are priced at $15,000 each. Don't miss this opportunity to own a piece of New Mexico's beautiful landscape.

    Property Features for 0 Bulk Rd

    General Information

    Property type
    Land
    Lot Size
    1,988,078 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.6912588
    Latitude
    32.2489504

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    FAQs

    What type of property is this?
    Land - 45.64 Acres, 35 Lots Available
    Where is this land located?
    The property is located at Bulk Rd Deming, NM.
    What is the asking price?
    The asking price for this property is $525,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Bulk Rd Deming, NM 88030
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