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    Hermanas Grade Deming, NM 88030

    • Land
    • 311.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hermanas Grade

    Lot size
    311.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.798
    Latitude
    32.2032

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    Hermanas Grade
    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
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