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    OFF-MARKET
    Land

    0 Flying Diamond Rd, Deming, NM 88030

    5 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    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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