Property profile

443 Chester St Jal, NM 88252

OFF-MARKET
Land
Built 1945
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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

Location

443 Chester St Jal, NM 88252
Jal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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