Property summary
This exceptional 2,500 square foot commercial land parcel presents a unique investment opportunity in Jal, New Mexico. Located at 224 S Main Street, this property boasts a highly visible street frontage in Lea County, offering unparalleled exposure to potential customers. Built in 1991, the land is zoned for commercial use and is ideally suited for a diverse range of businesses. Its central location within Jal provides easy access to local amenities and a strong customer base. The asking price is $180,000, representing a compelling value for entrepreneurs seeking a strategic foothold in a thriving market. This property is ready for immediate development, allowing for the construction of a building tailored to specific business needs. The ample space provides flexibility for various commercial ventures, from retail establishments to professional offices. The property's address is 224 S Main Street, Jal, NM 88252. Seize this chance to establish or expand your business in a prime location with high visibility and significant growth potential. Don't miss this opportunity to acquire a valuable piece of commercial real estate in a dynamic New Mexico market.
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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