Tbd Hwy 128 St, Jal, NM 88240
This exceptional 1.02-acre commercial property is ideally situated on Highway 128, offering unparalleled visibility and accessibility for businesses requiring ample yard space. The property boasts a metal building, perfect for storage or light industrial use. Its strategic location near Highway 18 ensures convenient access to major transportation routes, making it an attractive option for a wide range of commercial ventures. The property is fully fenced and includes a secure gate, providing a safe and private environment. While currently lacking electricity and water hookups, this presents an opportunity for buyers to customize utilities to their specific business needs. The high-traffic location on Highway 128 makes this an excellent investment for entrepreneurs seeking a prominent presence in the Jal, NM market. The existing metal building provides immediate usable space, minimizing initial setup costs. This property is priced to sell at $90,000 and represents a significant opportunity for businesses needing a secure, spacious, and highly visible location. The absence of existing utilities allows for a tailored approach to infrastructure development, aligning perfectly with the specific requirements of the future occupant. Don't miss this chance to acquire a prime commercial lot in a thriving area.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.