18810 El Bordo Rd Rd Deming, NM 88030
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.