Property summary
This exceptional 24,500 square foot commercial land parcel presents a unique investment opportunity in Jal, New Mexico. Located at 443 S Chester Street, in Lea County, zip code 88252, this property offers significant potential for various commercial ventures. Built in 1945, the land's expansive size allows for substantial development or redevelopment. The asking price is $80,000, making it an attractive proposition for investors seeking a foothold in this dynamic market. Its strategic location in Jal provides easy access to key transportation routes and local amenities. The property's versatility allows for a range of commercial uses, subject to local zoning regulations. A drive-by inspection is highly recommended to fully appreciate the potential of this significant land holding. The coordinates are 32.1089718 latitude and -103.1899937 longitude. Serious inquiries are encouraged to explore the possibilities this property offers. This is a rare opportunity to acquire a substantial commercial lot in a growing area. Don't miss out on this chance to secure a prime piece of New Mexico real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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