4 Lot 12 Rd Deming, NM 88030
This 1.13-acre undeveloped lot, located at TBD Hereford Rd SE Block 4 Lot 12 Road, Deming, NM 88030, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this property offers a blend of seclusion and convenience. Enjoy breathtaking mountain and desert views while remaining close to Deming's amenities. The lot provides access to city water and PNM Electric at the street, simplifying utility connections. Buyers will need to install a septic tank and propane tank for additional utilities as needed. A significant advantage is the absence of homeowners associations (HOAs) or restrictive covenants, codes, and restrictions (CC&Rs), offering flexibility in development plans. Furthermore, the seller is offering attractive seller financing options, making this property more accessible. This is an exceptional chance to acquire land in a desirable location with minimal restrictions and convenient financing. The property's coordinates are 32.2621585 latitude and -107.6852086 longitude, within Luna County. The asking price for this 1.13-acre parcel is $18,500.
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.