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    Block 3 Deming, NM 88030

    • Land
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Block 3

    Lot size
    1.31 lot acres
    Property type
    Land

    Description

    This 1.31-acre undeveloped residential lot is located at TBD Montgomery Rd SE Block 3 Lot 7, Deming, NM 88030, within L Lazy V Estates. Enjoy a secluded country setting while remaining close to Deming's amenities. The property boasts mountain and desert views. City of Deming water and PNM Electric are available at the street. Buyers will need to install a septic tank and propane tank for other utilities, as desired. There are no HOAs, covenants, codes, or restrictions (CC&Rs). The asking price is $19,500. Seller financing is available. This presents a unique opportunity to build your dream home in a peaceful, yet convenient location. The property is zoned for residential use. The lot is ready for development, offering a blank canvas for your future home. This is a great opportunity for those seeking a tranquil escape while still enjoying easy access to urban conveniences.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Deming
    County
    Luna
    State
    New Mexico
    Longitude
    -107.693
    Latitude
    32.2614

    Comparable in this City

    • Value Estimation by Request

      2265 Ash St

      Multifamily properties
      2265 Ash St, Deming, NM 88030
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    • Value Estimation by Request
      1.18 Acres

      Block 6

      Land • 1.18 Acres
      0 Block 6, Deming, NM 88030
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    • Value Estimation by Request
      1.13 Acres

      Block 4

      Land • 1.13 Acres
      0 Block 4, Deming, NM 88030
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    • Value Estimation by Request
      1.50 Acres

      Block 7

      Land • 1.50 Acres
      0 Block 7, Deming, NM 88030
      View Details
    • Value Estimation by Request
      1.13 Acres

      Block 4

      Land • 1.13 Acres
      0 Block 4, Deming, NM 88030
      View Details
    • Value Estimation by Request
      1.13 Acres

      Block 4

      Land • 1.13 Acres
      0 Block 4, Deming, NM 88030
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime 203.4 Acre NM Land

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      1.95 Acres

      Deming, NM Residential Land

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      Deming Land with RV Hookups

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    Block 3
    Deming, NM 88030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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