0 2 St Caprock, NM 88213
This exceptional 3.98-acre lot presents a unique opportunity for development in Tatum, New Mexico. Located at TBD E 2nd Street, this property boasts a desirable corner location within Lea County, offering unparalleled versatility. The expansive acreage provides ample space for a variety of projects, from constructing a single-family residence to developing a larger-scale undertaking. The asking price is $60,000, making this a compelling investment in a growing area. The property's address is conveniently situated in Tatum, NM, zip code 88213, with GPS coordinates at 33.4111188 latitude and -103.7641305 longitude. Its classification is vacant land, providing a blank canvas for your vision. The expansive size allows for considerable flexibility in design and construction, catering to diverse needs and preferences. This is a rare chance to acquire a substantial parcel of land in a promising location, offering significant potential for future growth and appreciation. Don't miss this chance to secure this prime piece of real estate in Tatum, New Mexico. The property is ready for immediate development, presenting an exceptional opportunity for those seeking a substantial land holding in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty 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.