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4 Lot 14 Rd Deming, NM 88030

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

Property summary

AI-generated overview

This 1.13-acre undeveloped land parcel, located at TBD Hereford Rd SE Block 4 Lot 14 Road in Deming, New Mexico, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this property offers a blend of seclusion and convenience. Enjoy the peaceful mountain and desert views while remaining close to Deming's amenities. The lot provides access to city water (Deming City Water) and electricity (PNM Electric) at the street. Buyers should note that other utilities, such as septic and propane, will need to be installed as needed. A significant advantage is the absence of homeowners associations, covenants, codes, or restrictions (CC&Rs), offering flexibility in development plans. Furthermore, the seller is offering financing options, making this property more accessible. The property is located in Luna County, New Mexico, zip code 88030, with GPS coordinates of 32.2621585 latitude and -107.6852086 longitude. This is an excellent opportunity to build your dream home in a desirable location with convenient access to city utilities and without the constraints of HOA regulations. The asking price for this exceptional property is $18,500.

Property profile

Verified
Property type Land
Lot 1.13 ac (49,223 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

Realmo proprietary · 4 methods
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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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