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    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
    by Request
    CAP Approach CAP
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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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