This 1.13-acre vacant lot, located at XXXX Hereford Rd SE, Block 4 Lot 15, Deming, NM 88030, presents a fantastic opportunity for building a new home or placing a manufactured home. Situated in Luna County, this property offers convenient access to city water and electricity, although buyers are responsible for verifying availability and connection with the City of Deming. The property's latitude and longitude coordinates are 32.2621585, -107.6852086 respectively. Prospective buyers should note that propane and a septic system will be required. The asking price for this exceptional piece of land is $19,500. The seller is open to owner financing, subject to acceptable terms. This is an ideal location for those seeking an affordable building lot in a desirable area of New Mexico. Don't miss this chance to secure your future in Deming! Act quickly, as this property is expected to sell fast.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.