This exceptional 1.95-acre parcel of land presents a unique opportunity in the desirable L Lazy V Estates subdivision, located in Deming, New Mexico. Situated on TBD Grulla Mountain Rd SE, Block 2 Lot 4, this undeveloped lot offers a tranquil escape while remaining conveniently close to the amenities of Deming. Enjoy breathtaking mountain and desert views from your future property. The lot boasts access to city water (Deming City Water) and electricity (PNM Electric) at the street, simplifying the development process. While other utilities such as septic and propane will require buyer installation, the absence of Homeowners Associations (HOAs) or Covenants, Codes, and Restrictions (CC&Rs) provides maximum flexibility. This property is priced affordably at $25,000, and to further enhance accessibility, the seller is offering attractive seller financing options. This is a rare chance to own a piece of New Mexico's stunning landscape with minimal restrictions and convenient access to essential services. Don't miss this chance to build your dream home in a peaceful, yet accessible location. The property is located in Luna County, New Mexico, zip code 88030.
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
Similar Nearby for Sale
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.