7 Lot 3 Rd, Deming, NM 88030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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