0 Block 6 Deming, NM 88030
This 1.3-acre residential lot in Deming, New Mexico, presents a unique opportunity for building a home. Located in L Lazy V Estates, Block 6 Lot 4, at TBD Lomita Rd SE, this property boasts stunning mountain and desert views while enjoying convenient proximity to Deming's amenities. The lot is undeveloped, offering a blank canvas for your dream home. City of Deming water and PNM Electric are readily accessible at the street. Buyers will be responsible for installing necessary utilities such as a septic tank and propane tank, if desired. This property offers a desirable blend of seclusion and convenience. Importantly, there are no homeowner's associations (HOAs), covenants, codes, or restrictions (CC&Rs). The asking price is $19,500, and seller financing is available, making this an attractive option for those seeking a buildable lot in a picturesque setting. The property's zip code is 88030, and its location is within Luna County.
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
Physical attributes from public recordsZoning & alternative use
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.