0 Block 3 Deming, NM 88030
This exceptional 1-acre residential lot, located at TBD Grulla Mountain Rd SE Block 3 Lot 4, Deming, NM 88030, presents a unique opportunity. Situated in the L Lazy V Estates subdivision, this undeveloped land boasts stunning mountain and desert views while enjoying convenient proximity to Deming's amenities. The property offers readily available city water and PNM electric at the street, simplifying the development process. Buyers will need to install a septic tank and propane tank for utilities beyond water and electricity. This property is particularly attractive due to the absence of homeowners associations, covenants, codes, or restrictions (CC&Rs), providing maximum flexibility for the buyer. Adding to its appeal, seller financing is available, making this desirable land more accessible. The lot's size is precisely 1 acre, providing ample space for a custom home or other residential development. This is a remarkable chance to build your dream home in a peaceful, yet accessible location. Don't miss this chance to own a piece of the New Mexico landscape.
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.