14.60 Acres with Rental
For Sale
$229,000
Pending
8 Elder Lane, Silver City, NM 88061
Land with manufactured homes and development potential.
Property SizeContact for details
Lot Size14.60 Acres
Days on Market538
Property Features for 8 Elder Lane
General Information
Standard status
Pending
Lot size
14.60 Acres
Property subtype
Lots/Land
Listing Agency:
RE/MAX Classic Realty
(505) 217-8389
Listed By:
Benjamin T Abeyta · License #REC20240574
(505) 217-8389
Source:
Exitrealty
Added: Feb 20, 2025
Changed: Aug 8
Last Checked: Aug 12 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Classic Realty
Investment Insights
Based on property information with market context.
This property features 14.60 acres of land. There are two manufactured homes on the property; one requires extensive work, while the other is currently rented to a long-term tenant. The site includes five electrical service poles, a septic tank, and a domestic water well. The property presents multiple development possibilities, such as constructing a dream home or creating an RV or manufactured home village, or a combination of both. Buyers are advised to verify zoning requirements for business creation. The sellers may consider owner financing with suitable terms and down payment.
Key Highlights
- 14.60 acres of land offering development potential.
- Existing rental income from one of the two manufactured homes.
- Multiple electrical service poles (5 total) already in place.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 88061, NM
17,429
Population
9,049
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
90%
High-School Grad
897.2 sq mi
ZIP Area
19
Density / Sq Mi
$47,099
Median Household Income
$27,019
Median Earnings
$841
Median Rent
$185,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Land with manufactured homes and development potential.
Where is this land located?
The property is located at 8 Elder Lane Silver City, NM.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 14.60 acres of land offering development potential.; Existing rental income from one of the two manufactured homes.; Multiple electrical service poles (5 total) already in place.
