0 Tbd El Portal Rd Deming, NM 88030
This exceptional bulk sale presents 35 residential lots totaling 45.64 acres in Deming, New Mexico's L Lazy V Estates. Priced at $525,000 ($15,000 per lot), this opportunity offers individual lots ranging from one to two acres. The property boasts a secluded country setting with stunning mountain and desert views, yet remains conveniently close to Deming's amenities. City water and PNM Electric are available at the street for each lot. Buyers will need to install septic and propane tanks as needed. Importantly, there are no HOAs, CC&Rs, or restrictive covenants. Seller financing is available, making this an attractive investment opportunity. The address is TBD El Portal Rd SE Bulk, Deming, NM 88030. This is a unique chance to acquire a substantial land holding with significant development potential in a desirable location. The property's size and features make it ideal for investors seeking a large-scale project or individual buyers looking to create a community. The absence of restrictive covenants provides flexibility for future development. The seller financing option further enhances the appeal of this compelling investment.
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.