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Property profile

2 Lot 3 Rd Deming, NM 88030

OFF-MARKET
Land
1.95 ac lot
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Property summary

AI-generated overview

This exceptional 1.95-acre parcel of land presents a unique opportunity in the desirable L Lazy V Estates subdivision, located near Deming, New Mexico. Situated on TBD Grulla Mountain Rd SE, Block 2 Lot 3, this undeveloped lot offers a tranquil escape while remaining conveniently close to the amenities of Deming. Enjoy breathtaking mountain and desert views from your future property. The lot boasts access to city water (City of Deming) and PNM Electric at the street, simplifying the utility connection process. Buyers should note that septic and propane tank installation will be required for other utilities. This property is particularly attractive due to the absence of homeowners associations (HOAs) or restrictive covenants, codes, and restrictions (CC&Rs), providing maximum flexibility for development. Furthermore, the seller is offering attractive seller financing options, making this land more accessible to a wider range of buyers. This is a rare chance to own a piece of New Mexico's stunning landscape with convenient access to urban conveniences. The property is located in Luna County, New Mexico, with a zip code of 88030. The coordinates are 32.2518727 latitude and -107.763621 longitude. Don't miss this chance to build your dream home or investment property in this peaceful setting. The asking price for this remarkable property is $25,000.

Property profile

Verified
Property type Land
Lot 1.95 ac (84,942 SF)

Cap rate & NOI

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

Location

2 Lot 3 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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