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    000 Pelayo Rd Deming, NM 88030

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

    Current Use by Public Records

    • Land

    Property Details for 000 Pelayo Rd

    Lot size
    7.38 lot acres
    Property type
    Land

    Description

    This exceptional 7.376-acre parcel of land presents a remarkable opportunity for building your dream home in Deming, New Mexico. Located at 000 SW Pelayo Road, this property boasts stunning mountain views and convenient access. The lot is situated just off Highway 418, providing easy access to Interstate 10, ensuring seamless connectivity to major transportation routes. Utilities are readily available, with electricity at the street, simplifying the construction process. The paved road leading to the property ensures convenient year-round access. This expansive land offers ample space for a custom home and potential landscaping, allowing for the creation of a private oasis. The address is 000 SW Pelayo Road, Deming, NM 88030, within Luna County. The asking price for this remarkable property is $18,000. Don't miss this chance to own a piece of New Mexico's beauty and build the home you've always envisioned. This is a truly unique opportunity to create your ideal living space in a desirable location. The property's coordinates are 32.2197679 latitude and -107.9393219 longitude.

    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
    -107.939
    Latitude
    32.2198

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    000 Pelayo Rd
    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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