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    Kirtland, NM 87417

    For Sale
    $295,000

    Seven and a half acres, ten commercial lots.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 7.5-acre commercial property presents a unique investment opportunity in the desirable Fairway Heights Subdivision of Kirtland, New Mexico. The land comprises ten individual commercial lots, ideally suited for a developer seeking to construct a new commercial project. Its prime location directly adjoins the Riverview Golf Course, offering high visibility and potential for synergistic business development. The property benefits from the convenience of readily available utilities, either directly on-site or in close proximity, simplifying the construction process and reducing initial development costs. This presents a significant advantage for developers, minimizing infrastructure hurdles and accelerating project timelines. The substantial acreage allows for considerable flexibility in design and development, accommodating a variety of commercial ventures. Given its strategic location within the town limits of Kirtland and its proximity to the golf course, this property offers exceptional potential for long-term growth and return on investment. The existing infrastructure and convenient access make this a highly attractive proposition for commercial development in a thriving community. This is a rare opportunity to acquire a significant parcel of land with high development potential in a desirable location. Serious inquiries are encouraged.

    Property Features for

    General Information

    Property type
    Other commercial real estate
    Lot Size
    326,700 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kirtland
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.3271
    Latitude
    36.73811

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    FAQs

    What type of property is this?
    Commercial real estate - Seven and a half acres, ten commercial lots.
    Where is this commercial real estate located?
    The property is located at Kirtland, NM.
    What is the asking price?
    The asking price for this property is $295,000.
    (505) 598-5818
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    Kirtland, NM 87417
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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
    Kirtland, NM 87417
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