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    4 Lot 12 Rd Deming, NM 88030

    Sponsored
    For Sale
    Contact for pricing

    1.13-Acre Lot, Seller Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This 1.13-acre undeveloped lot, located at TBD Hereford Rd SE Block 4 Lot 12 Road, Deming, NM 88030, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this property offers a blend of seclusion and convenience. Enjoy breathtaking mountain and desert views while remaining close to Deming's amenities. The lot provides access to city water and PNM Electric at the street, simplifying utility connections. Buyers will need to install a septic tank and propane tank for additional utilities as needed. A significant advantage is the absence of homeowners associations (HOAs) or restrictive covenants, codes, and restrictions (CC&Rs), offering flexibility in development plans. Furthermore, the seller is offering attractive seller financing options, making this property more accessible. This is an exceptional chance to acquire land in a desirable location with minimal restrictions and convenient financing. The property's coordinates are 32.2621585 latitude and -107.6852086 longitude, within Luna County. The asking price for this 1.13-acre parcel is $18,500.

    Property Features for 4 Lot 12 Rd

    General Information

    Property type
    Land
    Lot Size
    49,223 SF

    HighLights

    • $18,500 asking price.
    • 1.13‑acre land parcel.
    • Located in Deming, NM, Luna County, zip code 88030.
    • City water and PNM electric at the street.
    • No HOA fees or CC&Rs.
    • Seller financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.6852086
    Latitude
    32.2621585

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    FAQs

    What type of property is this?
    Land - 1.13-Acre Lot, Seller Financing Available
    Where is this land located?
    The property is located at 4 Lot 12 Rd Deming, NM.
    What is the asking price?
    The asking price for this property is $18,500.
    What are key features of this property?
    This property features: $18,500 asking price.; 1.13-acre land parcel.; Located in Deming, NM, Luna County, zip code 88030.
    Request Owner's contact information
    4 Lot 12 Rd 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
    4 Lot 12 Rd Deming, NM 88030
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