Property profile

0 Tbd Hwy 128 St Jal, NM 88252

OFF-MARKET
Land
1.01 ac lot
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Property summary

AI-generated overview

This exceptional 1.01-acre land parcel presents a unique opportunity for investors and developers seeking a foothold in the thriving Jal, New Mexico market. Located on TBD Highway 128 Street in Lea County, this property boasts a convenient address with excellent accessibility. The asking price is $130,000, representing a compelling entry point into the New Mexico real estate market. The expansive 1.01 acres offer considerable potential for a variety of development projects, from residential construction to commercial ventures. Given its size and location, this land is well-suited for a range of uses, subject to local zoning regulations and permitting requirements. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended purpose. The property's geographical coordinates are 32.2093409 latitude and -103.4433966 longitude, providing precise location data for further investigation. This is a rare opportunity to acquire a sizable land parcel in a dynamic area of New Mexico, offering significant potential for future appreciation and development. The property is situated in the 88252 zip code, providing easy access to local amenities and infrastructure. Serious inquiries are welcome.

Property profile

Verified
Property type Land
Lot 1.01 ac (43,996 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Hwy 128 St Jal, NM 88252
Jal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

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