Property profile

0 Utah Ave Ave Jal, NM 88252

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional land parcel, totaling 6,534 square feet, presents a remarkable opportunity for investors and developers alike. Located in Jal, New Mexico, in Lea County, with the address TBD W Utah Ave, zip code 88252 (latitude 32.112612, longitude -103.1970071), this property offers significant potential. The asking price is an attractive $33,000, making it an accessible entry point into the New Mexico real estate market. The expansive lot size provides ample space for a variety of development projects, from residential construction to commercial ventures. Its location in Jal offers proximity to local amenities and services, while also providing easy access to major transportation routes. This property is being offered as-is, and buyers are encouraged to conduct their own due diligence. The absence of existing structures allows for complete design flexibility, enabling the creation of a customized development tailored to specific needs and preferences. This is a rare opportunity to acquire a sizable lot in a growing community at a highly competitive price. Serious inquiries are welcome. The property is zoned for [information not provided]. Utilities available to the property include [information not provided].

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Utah Ave Ave Jal, NM 88252
Jal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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