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Property profile & analytics
OFF-MARKET
Land

0 Block 4 Deming, NM 88030

1.13 ac lot
Property ID
Property summary
AI-generated overview

This 1.13-acre residential lot, located at TBD Hereford Rd SE Block 4 Lot 12 in Deming, New Mexico, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this undeveloped land offers a blend of seclusion and convenience. Enjoy the peaceful country setting with stunning mountain and desert views, while still being close to Deming's amenities. The property boasts readily available city utilities, with Deming City Water and PNM Electric accessible at the street. Buyers will need to install a septic tank and propane tank for additional utilities as needed. This property is particularly attractive due to the absence of Homeowners Associations or restrictive covenants, codes, and restrictions (CC&Rs). Seller financing is available, making this an accessible option for those seeking to build their dream home in a tranquil, yet convenient location. The property's zip code is 88030, and it is located in Luna County. The asking price for this exceptional land 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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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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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