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Property profile & analytics
OFF-MARKET
Land

0 Divers Cv Alamogordo, NM 88310

4.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.84-acre residential lot in Alamogordo, New Mexico, presents a unique opportunity for building a custom home or developing a smaller project. Located in Otero County, near the Tierra de Suenos Subdivision at 0 Divers Cove, zip code 88310 (APN: 01n4055096249431), this property boasts stunning mountain views while maintaining a sense of privacy. The lot is zoned R1 and offers the convenience of utilities accessible from three sides. While the property is largely secluded, it's surrounded by high-end homes, suggesting a desirable and established neighborhood. Potential uses include building a single-family residence, or exploring other development options such as joint ventures, land leases, or replats. The asking price is $175,000. It's important to note that a portion of the land falls within flood zone AE, and a portion within flood zone X; buyers are strongly encouraged to conduct their own due diligence to verify all property details and flood zone information. This information is provided as is, and all details are subject to buyer verification.

Property profile
Verified
Property type Land
Lot 4.84 ac (210,830 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
AI Approach AI
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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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