45 Underwood Blvd, Radium Springs, NM 88054
This exceptional 1.48-acre lot, located at 45 Underwood Boulevard in the desirable Lakeshore Highlands area of Elephant Butte, New Mexico, presents a unique opportunity for building a custom home. Situated in Sierra County, with a zip code of 88054, this property offers ample space to create your ideal living environment. The land is conveniently located at 32.4939319 latitude and -106.8997095 longitude, providing easy access to local amenities and attractions. The asking price for this remarkable parcel is $32,900. This represents a significant opportunity to acquire a substantial piece of land in a highly sought-after location. The beautiful surroundings of Lakeshore Highlands make this an idyllic setting for a new home. The expansive lot size provides ample room for landscaping, outdoor activities, and privacy. Don't miss this chance to secure your piece of New Mexico paradise and begin building your dream home in this stunning location. The property is classified as Land and is ready for immediate development. All utilities are available. This is a rare opportunity to own a significant amount of land in a desirable area at an attractive price.
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.