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700 Wood Hope, NM 88250

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

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