000 Lalo Rd Deming, NM 88030
This exceptional 68.48-acre land parcel presents a unique opportunity for those seeking a tranquil rural lifestyle in Luna County, New Mexico. Located at 000 SE Lalo Road, Deming, NM 88030 (32.3064335, -107.7741636), this expansive property offers ample space for various uses. The land boasts a high Chihuahuan desert climate, promising fantastic night skies and stunning sunsets. Enjoy the peace and quiet of rural living while still being conveniently located near several amenities. Nearby towns include Las Cruces and El Paso, offering easy access to urban conveniences. Local attractions such as the Chiricahua Apache Plaza and Adobe Deli are also within reach. While the property currently has verbal permission for access, the buyer will need to secure legal access and address the final 100 yards of road. This property is priced affordably at $55,000, making it an attractive investment for those seeking a piece of the Southwest. The property's size and location make it suitable for a variety of uses, from residential development to agricultural pursuits. Embrace the unique charm of New Mexico living in this expansive and well-positioned land parcel.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.