Property profile

207 Kansas Ave Jal, NM 88252

OFF-MARKET
Land
2.06 ac lot Built 1968
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 2.06-acre commercial land parcel presents a remarkable investment opportunity in the thriving community of Jal, New Mexico. Located at 207 E Kansas Avenue, this property offers unparalleled visibility and accessibility due to its strategic placement in a high-traffic area. The expansive lot provides ample space for a variety of commercial ventures, allowing for significant development potential. The existing 40' x 60' building, constructed in 1968, provides a solid foundation for immediate use or potential redevelopment. Situated in Lea County, NM, zip code 88252, this property benefits from the rapid expansion and growth experienced in the region. The location ensures strong visibility and easy access for customers and employees alike. This is an ideal opportunity for entrepreneurs and investors seeking to establish a strong presence in a dynamic and flourishing market. The asking price of $399,900 represents exceptional value for a property of this size and location within a rapidly growing community. Don't miss this chance to secure a valuable asset in a prime commercial location. The property's coordinates are 32.1193102 latitude and -103.191834 longitude.

Property profile

Verified
Property type Land
Year built 1968
Lot 2.06 ac (89,734 SF)

Cap rate & NOI

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

Location

207 Kansas Ave Jal, NM 88252
Jal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 207 Kansas Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message