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    OFF-MARKET
    Land

    0 Utah Ave Ave, Jal, NM 88252

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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