0 Of Hwy 9 Rd, Deming, NM 88031
This exceptional 240-acre property presents a unique investment opportunity in Luna County, New Mexico. Located just 15 minutes east of Columbus, NM, and conveniently situated between Santa Teresa and Columbus, this expansive land parcel offers a multitude of possibilities. The property consists of two combined lots, providing ample space for various ventures. While currently lacking well and septic systems (buyer to install), the land is ready for development. The buyer will need to investigate the cost and feasibility of connecting to electricity. Animals are welcome on the property, making it ideal for agricultural pursuits or livestock operations. Priced affordably at $125,000, this 240-acre tract in Deming, NM (zip code 88031, latitude 32.27, longitude -107.76) represents a significant landholding in a desirable location. The address is XXXX NE Of Highway 9 Road. This is a remarkable opportunity to acquire a substantial piece of New Mexico land with significant potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
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Risks
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