Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7 Lot 2 Rd Deming, NM 88030

    For Sale
    Contact for pricing

    1.5-Acre Lot, Seller Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.5-acre parcel of undeveloped land presents a unique opportunity in the desirable L Lazy V Estates subdivision, located in Deming, New Mexico, zip code 88030. Situated on TBD El Portal Rd SE, Block 7, Lot 2, this property offers a tranquil escape while remaining conveniently close to Deming's amenities. Enjoy breathtaking mountain and desert views from your future home site. The lot boasts easy access to city water (Deming City Water) and electricity (PNM Electric), both readily available at the street. Buyers will be responsible for installing necessary utilities such as septic and propane tanks, as needed. A significant advantage is the absence of homeowners associations (HOAs), covenants, codes, or restrictions (CC&Rs), providing maximum flexibility for development. Furthermore, the seller is offering attractive seller financing options, simplifying the purchase process and making this land more accessible. This is an ideal location for those seeking a peaceful, secluded setting without sacrificing convenience. Don't miss this chance to build your dream home in this stunning New Mexico landscape. The property is located in Luna County and has GPS coordinates of 32.2489504 latitude and -107.6912588 longitude. The asking price for this remarkable property is $21,500.

    Property Features for 7 Lot 2 Rd

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • $21,500 asking price.
    • 1.5‑acre land parcel.
    • Located in Deming, NM, Luna County, zip code 88030.
    • City water and PNM electric available at the street.
    • No HOA fees or CC&Rs.
    • Seller financing offered.
    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

    Nearby Similar for Sale

    • $1,495,000
      337.00 Acres

      Sustainable Off-Grid Desert Retreat

      337-acre sanctuary with luxury residences and sustainable features near Deming.
      12710 Lucca Rd SW, Deming, NM 88030
      View Details
    • $224,648
      0.40 Acres

      Deming, NM Commercial Building

      Commercial building in Deming, NM, suitable for various uses.
      900 W Birch St, Deming, NM 88030
      View Details
    • $2,001,037
      6,500 SF

      Deming Medical Clinic For Sale

      6,500 SF medical clinic and urgent care center for sale.
      1511 Lime St, Deming, NM 88030
      View Details
    • $53,500
      2.40 Acres

      Deming Land with RV Pads

      Land with RV pads, studio, and storage in Deming, NM.
      1530 SW El Bordo Rd, Deming, NM 88030
      View Details
    • $1,200,000
      3,000 SF

      Established Auto Repair Shop For Sale

      Auto repair shop with equipment on main street in Deming.
      1413 E Pne St St, Deming, NM 88030
      View Details
    • $15,560,000

      Income Producing Pecan Orchard

      459 acres of pecan trees near Deming, New Mexico.
      480 Solana Rd SW, Deming, NM 88030
      View Details

    FAQs

    What type of property is this?
    Land - 1.5-Acre Lot, Seller Financing Available
    Where is this land located?
    The property is located at 7 Lot 2 Rd Deming, NM.
    What is the asking price?
    The asking price for this property is $21,500.
    What are key features of this property?
    This property features: $21,500 asking price.; 1.5-acre land parcel.; Located in Deming, NM, Luna County, zip code 88030.
    Request Owner's contact information
    7 Lot 2 Rd Deming, NM 88030
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Lot 2 Rd
    Deming, NM 88030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7 Lot 2 Rd Deming, NM 88030
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.