Property profile

312 11Th St Deming, NM 88030

OFF-MARKET
Land
Property ID
US61-1506846
Built 1964
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 312 S 11th St in Deming, New Mexico, presents a compelling investment opportunity. The property boasts a substantial 31,950 square foot lot, offering ample space for development or expansion. Its strategic corner location at the intersection with Highway 418 ensures high traffic visibility and accessibility, making it ideal for a variety of commercial ventures. Built in 1964, the existing structures on the site offer potential for renovation or redevelopment. The property includes a spacious parking area and a fenced rear yard, adding to its versatility and functionality. The address is 312 S 11th St, Deming, NM 88030, situated in Luna County. This property is priced at $54,900 and presents significant potential for growth and return on investment. The high traffic count and prominent location make this a rare opportunity in the Deming commercial real estate market. Further details are available upon request.

Property profile

Verified
Property type Land
Year built 1964
UPID US61-1506846

Cap rate & NOI

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

Location

312 11Th 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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