0 Block 2 Deming, NM 88030
This 1.96-acre residential lot, located at TBD Grulla Mountain Rd SE Block 2 Lot 5, Deming, NM 88030, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this undeveloped land offers a blend of seclusion and convenience. Enjoy breathtaking mountain and desert views while remaining close to Deming's amenities. City of Deming water and PNM Electric are readily accessible at the street. Buyers will need to install a septic tank and propane tank for additional utilities as needed. This property is free from homeowners association fees, covenants, codes, or restrictions. A significant advantage is the availability of seller financing, simplifying the purchase process. This is an ideal location for those seeking a peaceful, buildable lot with stunning natural surroundings. The property is in Luna County and has GPS coordinates of 32.26337857633645 latitude and -107.6934903868823 longitude. The asking price is $25,000.
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
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.