443 Chester St, Jal, NM 88252
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.
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.