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Property profile

6 Lot 12 Rd Deming, NM 88030

OFF-MARKET
Land
1.3 ac lot
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Property summary

AI-generated overview

This exceptional 1.3-acre parcel of land presents a unique opportunity in the desirable L Lazy V Estates subdivision, located in Deming, New Mexico. Situated on TBD Grulla Mountain Rd SE, Block 6 Lot 12, this undeveloped lot offers breathtaking mountain and desert vistas, while still being conveniently close to the amenities of Deming. Enjoy the peace and quiet of a secluded country setting without sacrificing access to city conveniences. The property boasts readily available city water and PNM Electric service at the street, simplifying the connection process. Buyers will be responsible for installing a septic tank and propane tank as needed. A significant advantage is the absence of any Homeowners Associations (HOAs), covenants, codes, or restrictions (CC&Rs), providing maximum flexibility for development. Furthermore, the seller is offering attractive seller financing options, making this property even more accessible. This is an ideal location for those seeking a tranquil escape while remaining within reach of urban amenities. The property's zip code is 88030, and it's located in Luna County. Don't miss this chance to own a piece of the New Mexico landscape. The asking price for this remarkable property is $19,500.

Property profile

Verified
Property type Land
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6 Lot 12 Rd Deming, NM 88030
Deming metro
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Value estimations

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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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