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    OFF-MARKET
    Land

    443 Chester St, Jal, NM 88252

    Built 1945
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Year built 1945
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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