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    36 Ridge Rd Placitas, NM 87043

    Sponsored
    For Sale
    $69,000

    LAND - Placitas, NM

    Lot size:
    1.22 Acres
    Days on Market:
    271
    Last Refresh:
    Jan 7 at 5:06 am

    Property Features for 36 Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1022073374194
    Lot size
    1.22 Acres

    Placitas Realty Inc (505) 263-2266 [email protected]

    Listing agent David Harper (505) 867-8000 License #14820

    Listing date Apr 12, 2025

    MLS# 1081939 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Placitas Land with Mountain Views

    This 1.22-acre lot is located in western Placitas, New Mexico, approximately 3 miles (6 minutes) from I-25. The property has no covenants or HOA. Zoning regulations stipulate a minimum house size of 1008 square feet, a maximum height of 28 feet, and require at least a 2-car garage. Pitched metal or tile roofs are permitted, as well as pueblo-style architecture. The lot offers views of mesas and mountains. A building site has been partially cleared. A small park-like setting has been created near the arroyo by the northeast corner of the lot. The area is considered favorable for water wells, with nearby wells ranging from 530 to 590 feet deep and estimated yields of 20 to 30 gallons per minute. Electricity is located approximately 150 feet away. Bank financing is available, and the owner will consider financing with 25% down.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Gym & Fitness Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Placitas
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.501081
    Latitude
    35.309817

    FAQs

    What type of property is this?
    Residential land & home lot - 1.22 acre lot near I-25 with no HOA.
    Where is this residential land & home lot located?
    The property is located at 36 Ridge Rd Placitas, NM.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - 1.22 acres conveniently located just 3 miles from I-25.; - Enjoy freedom with no covenants & no HOA.; - Affordable price: $69,000.
    (505) 263-2266
    Request Owner's contact information
    36 Ridge Rd Placitas, NM 87043
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    Placitas, NM 87043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36 Ridge Rd Placitas, NM 87043
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