Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Off of Power Plant Rd and Gold Hill Rd Lordsburg, NM 85045

    View on Map
    Claim this Listing
    For Sale
    $1,250,000

    Vacant Land - Lordsburg, NM

    Lot size:
    1,568.00 Acres
    Added:
    Feb 14, 2025
    Days on Market:
    423
    Last Refresh:
    Apr 13 at 2:06 pm

    Property Features for Off of Power Plant Rd and Gold Hill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    1,568.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Conger

    Listing agent John Conger

    Listing office National Land Realty, Central AZ 16446 E. Tombstone Avenue, Fountain Hills, NM

    Listing date Feb 14, 2025

    MLS# 11433776 Listing URL

    Copyright © 2026 My State 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

    Expansive Land with Water Rights

    This expansive 1,568-acre property, located just outside the city limits of Lordsburg, offers a combination of size, water rights, and development potential. It includes approximately 115 acres of water rights, with the possibility of acquiring additional rights. The property is well-suited for a range of agricultural or commercial uses, featuring good soil ideal for crop production such as pecans, pistachios, hemp, alfalfa, and olives. It also presents potential for cattle operations, with ample acreage for grazing or feed production. Beyond agriculture, the property is a candidate for renewable energy development, including a solar farm, due to its proximity to a nearby substation and planned new power lines in the area. With its versatile use options and strategic location near Lordsburg, this property is positioned for long-term investment, production, or development.
    Location Intelligence

    Current Use by Public Records

    Alt. Energy / Solar ...

    Map

    City
    Lordsburg
    County
    Grant
    State
    New Mexico
    Longitude
    -108.682805
    Latitude
    32.374867

    Nearby Similar for Sale

    • $180,000

      Lordsburg Commercial/Industrial Lot Ready

      Ready commercial/industrial lot with utilities and highway access.
      65 Old Hwy 70, Lordsburg, NM 88045
      View Details
    • $550,000
      12,566 SF

      Renovated Motel Along Interstate 10

      35-room motel, renovated in 2024, located in Lordsburg, New Mexico.
      1202 Pyramid St, Lordsburg, NM 88045
      View Details
    • $40,000

      Land Near Arizona Border

      3.17 acres near Hwy 70, close to Arizona border.
      1111 Hwy 70, Virden, NM 88045
      View Details
    • $415,646
      5,826 SF

      Versatile Building on Large Lot

      Well-maintained 5,826 SF building on 0.52 acres.
      1409 S Copper St, Lordsburg, NM
      View Details
    • $39,900

      Expansive Land Near Lordsburg

      30-acre property with no restrictions, utilities available, near Lordsburg.
      101 Easy Street, Lordsburg, NM 88045
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 1568 acres with water rights, suitable for agriculture/development.
    Where is this agricultural land / farmland located?
    The property is located at Off of Power Plant Rd and Gold Hill Rd Lordsburg, NM.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Expansive 1,568‑acre property with development potential outside Lordsburg.; Includes approximately 115 acres of water rights, with the possibility of acquiring more.; Suitable for diverse agricultural ventures: pecans, pistachios, hemp, alfalfa, olives, and cattle operations.
    (602) 502-1580
    We can help!
    Listing Contact
    John Conger
    Real Estate License ID: BR547808000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!