0 Block 3 Deming, NM 88030
This 1-acre residential lot, located at TBD Grulla Mountain Rd SE Block 3 Lot 5, Deming, NM 88030, presents a unique opportunity. Situated in Luna County, this undeveloped land boasts stunning mountain and desert views while enjoying convenient proximity to Deming's amenities. The property offers readily available city water and PNM Electric at the street, simplifying utility connections. 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, covenants, codes, or restrictions (CC&Rs), providing maximum flexibility. Furthermore, the seller is offering financing options, making this land more accessible. The lot's coordinates are approximately 32.26236868576574 latitude and -107.69348532795075 longitude. This is an ideal location for those seeking a secluded country setting with easy access to urban conveniences. The asking price for this exceptional property is $17,000.
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.