0 Block 8 Deming, NM 88030
This 1.09-acre residential lot, located at TBD Grulla Mountain Rd SE Block 8 Lot 5, Deming, NM 88030, presents a unique opportunity. Situated in Luna County, this undeveloped land offers stunning mountain and desert views while enjoying convenient proximity to Deming's amenities. The property boasts readily available city water and PNM Electric at the street, simplifying utility connections. Buyers should note that septic and propane tank installation will be required for other utilities. This property is particularly attractive due to the absence of homeowners associations, covenants, codes, or restrictions (CC&Rs), providing maximum flexibility for development. Furthermore, the seller is offering financing options, making this land more accessible. The property's latitude and longitude coordinates are 32.259883798318334 and -107.69348460524625 respectively. This is a remarkable chance to build a custom home in a peaceful, secluded setting while still being close to town. The asking price for this exceptional property is $18,250.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.