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0 Hermanas Grade Deming, NM 88030

OFF-MARKET Land Google Maps
311 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This expansive 311-acre ranch property in Deming, New Mexico, presents a unique investment opportunity. Located on Hermanas Grade SW, Luna County, zip code 88030 (32.2031711, -107.7984698), this sizable parcel offers significant potential for various uses. The land is currently designated as a ranch, and while there is no permitted zoning specified, its sheer size and location suggest diverse possibilities. The property's significant acreage allows for a wide range of development options, from establishing a large-scale farming or ranching operation to exploring alternative energy projects such as a solar farm. The property's adjacency to 43 platted half-acre ranchettes adds further potential for expansion or complementary development. The asking price for this substantial land holding is $217,700. Ownership is currently held by Wasicka Holding Company LLC. No lease options are currently available. This is a remarkable opportunity to acquire a substantial land parcel in a desirable New Mexico location. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 311 ac (13,547,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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