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Property profile & analytics
OFF-MARKET
Land

18810 El Bordo Rd Rd Deming, NM 88030

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre property located at 18810 El Bordo Rd SE, Deming, NM 88030, presents a unique opportunity for homebuyers seeking a spacious and scenic setting. The land boasts a circular driveway, providing convenient access and ample parking. An existing well is on the property, although its current condition is unknown and will require verification. A significant advantage is the recently installed septic system, completed in 2021, eliminating a major hurdle in the building process. Electricity is available on-site; however, a meter needs to be installed. This property offers the flexibility to construct a custom home or place a manufactured home, catering to diverse building preferences. The expansive lot provides ample space for outdoor activities and personal enjoyment. Enjoy breathtaking views of the Florida Mountain range, adding to the property's natural beauty and tranquil atmosphere. The property is situated in Luna County, New Mexico, offering a blend of rural serenity and convenient access to local amenities. Priced at $36,500, this 5-acre parcel represents an attractive investment opportunity for those seeking a peaceful and picturesque location to build their dream home. The coordinates are 32.204961 latitude and -107.4559311 longitude.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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