Property profile

3 Lot 5 Rd Deming, NM 88030

OFF-MARKET
Land
1 ac lot
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Property summary

AI-generated overview

Discover this exceptional 1-acre undeveloped lot nestled in L Lazy V Estates, Block 3 Lot 5, located on TBD Grulla Mountain Rd SE in Deming, New Mexico, zip code 88030. This property offers a unique blend of seclusion and convenience, boasting breathtaking mountain and desert views while remaining close to the amenities of Deming. The lot's size is precisely 1 acre, providing ample space for your dream home or future development. City of Deming water and PNM Electric services are readily available at the street, simplifying utility connections. Buyers should note that other utilities, such as septic and propane, will require individual installation. A significant advantage is the absence of Homeowners Associations (HOAs), covenants, codes, or restrictions (CC&Rs), granting complete freedom in development plans. Furthermore, seller financing is being offered, making this attractive property even more accessible. This presents a rare opportunity to own a piece of the New Mexico landscape, combining tranquility with the practicality of city proximity. Don't miss this chance to build your ideal retreat in this desirable location. The property's coordinates are 32.2518727 latitude and -107.763621 longitude. The asking price for this remarkable property is $17,000.

Property profile

Verified
Property type Land
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 Lot 5 Rd Deming, NM 88030
Deming metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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