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    Land

    443 Chester St, Jal, NM 88252

    Property ID
    Property summary
    AI-generated overview

    This exceptional 24,393.6 square foot lot, located at 443 S Chester Street in Jal, New Mexico, presents a compelling investment opportunity. Situated in Lea County, zip code 88252, this property is zoned for both commercial and residential use, offering considerable flexibility for development. The expansive lot size provides ample space for a variety of projects, catering to diverse business needs or residential construction. Its strategic location in Jal, NM, offers easy access to key transportation routes and local amenities. The asking price is $80,000, representing a potentially attractive return on investment given the property's size and dual zoning. A drive-by inspection is highly recommended to fully appreciate the potential of this remarkable land parcel. The property's coordinates are 32.1089718 latitude and -103.1899937 longitude. Serious inquiries are encouraged to explore the possibilities this property offers. This is a blank canvas awaiting your vision.

    Property profile
    Verified
    Property type Land
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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