0 Utah Ave Ave, Jal, NM 88252
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].
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.