Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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