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    OFF-MARKET
    Land

    0 Hermanas Grade, Deming, NM 88030

    311 ac lot
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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