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

    Tbd Hwy 128 St Jal, NM 88252

    For Sale
    $130,000

    1.01 Acres Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.01-acre land parcel presents a unique opportunity for investors and developers seeking a foothold in the thriving Jal, New Mexico market. Located on TBD Highway 128 Street in Lea County, this property boasts a convenient address with excellent accessibility. The asking price is $130,000, representing a compelling entry point into the New Mexico real estate market. The expansive 1.01 acres offer considerable potential for a variety of development projects, from residential construction to commercial ventures. Given its size and location, this land is well-suited for a range of uses, subject to local zoning regulations and permitting requirements. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended purpose. The property's geographical coordinates are 32.2093409 latitude and -103.4433966 longitude, providing precise location data for further investigation. This is a rare opportunity to acquire a sizable land parcel in a dynamic area of New Mexico, offering significant potential for future appreciation and development. The property is situated in the 88252 zip code, providing easy access to local amenities and infrastructure. Serious inquiries are welcome.

    Property Features for 0 Tbd Hwy 128 St

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • 1.01‑acre land parcel in Jal, NM, Lea County, priced at $130,000.
    • Located on TBD Highway 128, offering excellent accessibility.
    • Suitable for various development projects (residential or commercial), subject to zoning.
    • Coordinates: 32.2093409 latitude, -103.4433966 longitude; Zip code: 88252.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jal
    County
    Lea
    State
    New Mexico
    Longitude
    -103.4433966
    Latitude
    32.2093409

    Nearby Comparable

    • $50,000

      Prime Jal, NM Land - Build Your Dream Home

      Large lot, ideal for new construction. Excellent location.
      607 8 St, Jal, NM 88252
      View Details
    • $399,900
      2.06 Acres

      Prime Jal, NM Commercial Land

      2.06 Acres, $399,900 - High Traffic Area
      207 Kansas Ave, Jal, NM 88252
      View Details
    • $875,000
      387,684 SF

      Eunice, NM Industrial Property

      8.9-acre rail-served distribution center
      0 Nm-18, Eunice, NM 88231
      View Details
    • $230,000

      TBD Eunice Lot 18-24

      Land
      0 Tbd Eunice, Eunice, NM 88231
      View Details

    FAQs

    What type of property is this?
    Land - 1.01 Acres Ready to Develop
    Where is this land located?
    The property is located at Tbd Hwy 128 St Jal, NM.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: 1.01-acre land parcel in Jal, NM, Lea County, priced at $130,000.; Located on TBD Highway 128, offering excellent accessibility.; Suitable for various development projects (residential or commercial), subject to zoning.
    (575) 392-0266
    Request Owner's contact information
    Tbd Hwy 128 St Jal, NM 88252
    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.
    Tbd Hwy 128 St
    Jal, NM 88252
    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
    Tbd Hwy 128 St Jal, NM 88252
    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.