Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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