Property profile

0 Flying Diamond Rd Deming, NM 88030

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre land parcel presents a unique opportunity for development in Luna County, New Mexico. Located south of Hondale Rd SW, on Flying Diamond Rd, this property boasts a desirable flat terrain, ideal for various construction projects. The land is considered raw, offering complete flexibility in design and construction timelines; there's no mandated timeframe for building. A significant advantage is the proximity of readily available electricity, simplifying the utility connection process. Situated approximately 12 miles from the city of Deming, this location offers a balance of rural tranquility and convenient access to urban amenities. The property's size provides ample space for a single-family residence, a small-scale commercial venture, or a tranquil retreat. The asking price is exceptionally attractive, making this a compelling investment opportunity for those seeking a sizable plot of land in a desirable New Mexico location. The address is Flying Diamond Rd SW, Deming, NM 88030. This 5-acre lot is ready for your vision. Buyers are responsible for conducting their own due diligence regarding zoning and building permits.

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

Location

Flying Diamond Rd Deming, NM 88030
Deming metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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