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    OFF-MARKET
    Land

    7 Lot 3 Rd, Deming, NM 88030

    1.36 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.36-acre parcel of land presents a unique opportunity in the desirable L Lazy V Estates subdivision, located in Deming, New Mexico. Situated on TBD Grulla Mountain Rd SE, Block 7 Lot 3, this undeveloped lot offers a tranquil escape while remaining conveniently close to the amenities of Deming. Enjoy breathtaking mountain and desert vistas from your future property. The lot boasts access to city water (City of Deming) and PNM Electric at the street, simplifying the development process. While other utilities such as septic and propane will require buyer installation, the absence of Homeowners Associations (HOAs) or Covenants, Codes, and Restrictions (CC&Rs) provides maximum flexibility. This property is priced affordably at $20,250 and the seller is offering attractive seller financing options, making this an accessible and appealing investment. Don't miss this chance to build your dream home in a peaceful, yet accessible location. The property is located in Luna County, New Mexico, zip code 88030. Coordinates are 32.2518727 latitude and -107.763621 longitude.

    Property profile
    Verified
    Property type Land
    Lot 1.36 ac (59,242 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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