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Property profile & analytics
OFF-MARKET
Land

8 Lot 5 Rd Deming, NM 88030

1.09 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.09-acre parcel of undeveloped land presents a unique opportunity in the desirable L Lazy V Estates subdivision, located near Deming, New Mexico. Situated on TBD Grulla Mountain Rd SE, Block 8 Lot 5, this property boasts stunning mountain and desert vistas, offering a tranquil escape while remaining conveniently close to Deming's amenities. The lot is ready for your dream home, with city water and PNM Electric readily accessible at the street. Buyers will need to arrange for septic and propane installation as needed. A significant advantage is the absence of any homeowner's associations (HOAs), covenants, codes, or restrictions (CC&Rs), providing maximum flexibility for development. Furthermore, the seller is offering attractive seller financing options, making this property even more accessible. This is a rare chance to own a piece of New Mexico's beauty with unparalleled freedom and convenience. The property is located in Luna County, New Mexico, zip code 88030, and its coordinates are 32.2518727 latitude and -107.763621 longitude. Don't miss this chance to build your dream home in this peaceful setting. The asking price for this remarkable property is $18,250.

Property profile
Verified
Property type Land
Lot 1.09 ac (47,480 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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