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    OFF-MARKET
    Land

    700 Wood, Hope, NM 88250

    Property ID
    Property summary
    AI-generated overview

    This exceptional 15,000 dollar land parcel, located at 700 Wood in Hope, New Mexico, presents a unique investment opportunity. Situated in Eddy County, this property offers versatile zoning allowing for both residential and commercial development. The address is precisely 700 Wood, Hope, NM 88250, with GPS coordinates of 32.7765423 latitude and -104.798771 longitude. The property is classified as land and is being offered for sale. Given its dual-use zoning, this location is ideal for a variety of projects, from building a small commercial enterprise to developing residential housing. The relatively low asking price makes this an attractive proposition for investors seeking a foothold in the New Mexico market. The property's location in Hope, within Eddy County, offers access to local amenities and infrastructure. Further due diligence is recommended to fully explore the development potential and zoning regulations applicable to this land. This is a rare opportunity to acquire a versatile property in a growing area, offering significant potential for future returns. Serious inquiries are encouraged to explore this promising investment.

    Property profile
    Verified
    Property type Land
    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
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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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