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    000 Hwy 418 Hwy Deming, NM 88030

    For Sale
    $95,000

    Prime 10-acre lot near major highways.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 10.23-acre parcel of land presents a unique investment opportunity in Deming, New Mexico. Ideally situated near Highway 418 and Interstate 10, this property boasts convenient access to major transportation routes, ensuring seamless connectivity. The land is easily accessible via a paved road, eliminating concerns about difficult terrain or infrastructure limitations. The expansive acreage offers considerable potential for a variety of uses, from commercial development to potential subdivision. Its location in Luna County, with a zip code of 88030, places it within a thriving community. The property's coordinates are 32.260993 latitude and -107.7981631 longitude. The asking price for this remarkable property is $95,000, representing a compelling value for its size, location, and development potential. Serious inquiries are encouraged to explore the possibilities this land offers. This is a rare opportunity to acquire a significant land holding in a strategic location with excellent access. The property is classified as Land. Further due diligence is recommended to confirm suitability for intended use.

    Property Features for 000 Hwy 418 Hwy

    General Information

    Property type
    Land
    Lot Size
    445,619 SF

    HighLights

    • 10.23‑acre land parcel in Deming, NM, priced at $95,000.
    • Excellent access to Highway 418 and I‑10.
    • Paved road access.
    • Suitable for commercial development or subdivision.
    • Located in Luna County, zip code 88030.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.7981631
    Latitude
    32.260993

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    FAQs

    What type of property is this?
    Land - Prime 10-acre lot near major highways.
    Where is this land located?
    The property is located at 000 Hwy 418 Hwy Deming, NM.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 10.23-acre land parcel in Deming, NM, priced at $95,000.; Excellent access to Highway 418 and I-10.; Paved road access.
    Request Owner's contact information
    000 Hwy 418 Hwy Deming, NM 88030
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    Deming, NM 88030
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    000 Hwy 418 Hwy Deming, NM 88030
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