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    609 Florida St Deming, NM 88030

    For Sale
    $455,093

    Prime Commercial Land, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5.25-acre commercial land parcel presents a unique investment opportunity in Deming, New Mexico. Located at 609 Florida Street, the property boasts a highly desirable location on two major thoroughfares, providing excellent visibility and accessibility. Its strategic position places it in close proximity to a variety of amenities, including shopping centers, banking institutions, and medical facilities, ensuring high traffic flow and potential for strong returns. The relatively flat topography simplifies development, making it ideal for a wide range of commercial projects. The zoning is designated as Commercial, allowing for diverse development options. Adding to its appeal, the seller is offering attractive financing options, demonstrating a commitment to facilitating a smooth and successful transaction. Furthermore, a build-to-suit arrangement is also a possibility, providing flexibility for prospective buyers with specific development plans. This prime commercial land in Deming, NM, represents a compelling investment opportunity with significant potential for growth and profitability. The property's location, size, and the seller's willingness to finance make it an exceptional choice for discerning investors seeking a strategic foothold in a thriving market. The asking price for this remarkable property is $455,093. The property is situated in Luna County, New Mexico, with a zip code of 88030.

    Property Features for 609 Florida St

    General Information

    Property type
    Land
    Lot Size
    228,690 SF

    HighLights

    • $455,093 asking price.
    • 5.25‑acre commercial land parcel.
    • Located in Deming, NM, at 609 Florida Street, zip code 88030.
    • Commercially zoned.
    • Owner financing and build‑to‑suit options available.
    • Situated near shopping, banking, and medical services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sew-N-Sew Fabric Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.7508046
    Latitude
    32.2544233

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Owner Financing Available
    Where is this land located?
    The property is located at 609 Florida St Deming, NM.
    What is the asking price?
    The asking price for this property is $455,093.
    What are key features of this property?
    This property features: $455,093 asking price.; 5.25-acre commercial land parcel.; Located in Deming, NM, at 609 Florida Street, zip code 88030.
    (575) 523-6000
    Request Owner's contact information
    609 Florida St 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
    609 Florida St Deming, NM 88030
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