Technical
Financial
Distress signals
Property profile

609 Florida St Deming, NM 88030

OFF-MARKET
Land
5.25 ac lot
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Property summary

AI-generated overview

This exceptional 5.25-acre commercial land parcel presents a unique investment opportunity in Deming, New Mexico. Located at 609 Florida Street, the property boasts a highly desirable location on two major thoroughfares, providing excellent visibility and accessibility. Its strategic position places it in close proximity to a variety of amenities, including shopping centers, banking institutions, and medical facilities, ensuring high traffic flow and potential for strong returns. The relatively flat topography simplifies development, making it ideal for a wide range of commercial projects. The zoning is designated as Commercial, allowing for diverse development options. Adding to its appeal, the seller is offering attractive financing options, demonstrating a commitment to facilitating a smooth and successful transaction. Furthermore, a build-to-suit arrangement is also a possibility, providing flexibility for prospective buyers with specific development plans. This prime commercial land in Deming, NM, represents a compelling investment opportunity with significant potential for growth and profitability. The property's location, size, and the seller's willingness to finance make it an exceptional choice for discerning investors seeking a strategic foothold in a thriving market. The asking price for this remarkable property is $455,093. The property is situated in Luna County, New Mexico, with a zip code of 88030.

Property profile

Verified
Property type Land
Lot 5.25 ac (228,690 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

609 Florida St Deming, NM 88030
Deming metro
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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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