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    207 Kansas Ave Jal, NM 88252

    For Sale
    $399,900

    2.06 Acres, $399,900 - High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.06-acre commercial land parcel presents a remarkable investment opportunity in the thriving community of Jal, New Mexico. Located at 207 E Kansas Avenue, this property offers unparalleled visibility and accessibility due to its strategic placement in a high-traffic area. The expansive lot provides ample space for a variety of commercial ventures, allowing for significant development potential. The existing 40' x 60' building, constructed in 1968, provides a solid foundation for immediate use or potential redevelopment. Situated in Lea County, NM, zip code 88252, this property benefits from the rapid expansion and growth experienced in the region. The location ensures strong visibility and easy access for customers and employees alike. This is an ideal opportunity for entrepreneurs and investors seeking to establish a strong presence in a dynamic and flourishing market. The asking price of $399,900 represents exceptional value for a property of this size and location within a rapidly growing community. Don't miss this chance to secure a valuable asset in a prime commercial location. The property's coordinates are 32.1193102 latitude and -103.191834 longitude.

    Property Features for 207 Kansas Ave

    General Information

    Property type
    Land
    Lot Size
    89,734 SF

    Building Details

    Year Built
    1968

    HighLights

    • $399,900 asking price.
    • 2.06‑acre commercial land parcel.
    • Located at 207 E Kansas Avenue, Jal, NM 88252.
    • Built in 1968.
    • High‑traffic location in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jal
    County
    Lea
    State
    New Mexico
    Longitude
    -103.191834
    Latitude
    32.1193102

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    FAQs

    What type of property is this?
    Land - 2.06 Acres, $399,900 - High Traffic Area
    Where is this land located?
    The property is located at 207 Kansas Ave Jal, NM.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: $399,900 asking price.; 2.06-acre commercial land parcel.; Located at 207 E Kansas Avenue, Jal, NM 88252.
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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
    207 Kansas Ave Jal, NM 88252
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