This exceptional 21,000 square foot land parcel presents a remarkable opportunity in Tatum, New Mexico. Located at TBD S Fox, this property offers the perfect canvas for your dream home or development project. Priced affordably at $20,000, this is an excellent investment in a desirable location. The lot encompasses three combined lots, equating to approximately one-quarter of a city block, measuring roughly 150 feet by 140 feet. This generous size provides ample space for a substantial residence, along with landscaping and outdoor amenities. Situated in Lea County, New Mexico, with the zip code 88267, this property benefits from a convenient location within the town of Tatum. The coordinates are 33.2500749 latitude and -103.3102465 longitude, allowing for easy location verification and planning purposes. This is a rare opportunity to acquire a sizable, buildable lot in a growing community at an exceptionally competitive price. Don't miss out on this chance to secure your ideal building site. Act quickly, as properties like this are in high demand.
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
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.
