0 Block 2 Deming, NM 88030
This 1.95-acre residential lot, located at TBD Grulla Mountain Rd SE Block 2 Lot 4, Deming, NM 88030, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this undeveloped land offers a blend of seclusion and convenience. Enjoy breathtaking mountain and desert views while remaining close to Deming's amenities. The property boasts readily available city water and PNM electric at the street, simplifying utility connections. Buyers will need to install a septic tank and propane tank as needed. Importantly, this property is free from homeowners association fees, covenants, codes, or restrictions (CC&Rs). Seller financing is available, making this attractive parcel more accessible. The lot's location provides a tranquil country setting while still being within reach of urban conveniences. This is an ideal location for those seeking a peaceful escape while maintaining easy access to city services. The Luna County location and its proximity to Deming, NM, offer a desirable combination of rural charm and urban accessibility. This property is priced at $25,000.
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
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.