0 Block 4 Deming, NM 88030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.