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    16910 Stern Dr Vado, NM 88072

    For Sale
    $4,250,000

    Prime NM Ranch, I-10 Corridor, Water Rights

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Exceptional investment opportunity: 207± developable acres with substantial water rights (333± acres) in Doña Ana County, New Mexico. This former dairy operation boasts a highly desirable location in the rapidly growing El Paso/Las Cruces I-10 corridor, providing convenient access to Interstate 10 and NM Highway 227. The property includes 157± previously farmed acres readily adaptable for residential development. Existing improvements include a large custom home featuring an indoor pool, multiple barns (hay and equipment storage), a rodeo arena, and horse boarding facilities. The layout of the former dairy operation presents minimal obstacles to "shovel-ready" development. Abundant water rights ensure future development potential. This unique property offers a blend of agricultural and development potential, making it an attractive investment for various ventures. The property is located at 16910 Stern Dr, Vado, NM 88072.

    Property Features for 16910 Stern Dr

    General Information

    Property type
    Farms
    Lot Size
    9,016,920 SF

    HighLights

    • Development property: ±207 developable acres in Doña Ana County, NM.
    • Excellent access to I‑10 and NM Highway 227.
    • Substantial water rights (approx. 333 acres).
    • Existing equestrian facilities including barns, arena, and custom home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Car Rental Shopping Mall Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Vado
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.5937658
    Latitude
    32.1397423

    Nearby Comparable

    • $350,000
      70.00 Acres

      70 Acres Land with Views

      70 acres of land ideal for ranch or country home.
      74 Santana Rd, Vado, NM 88072
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      180.00 Acres

      180-Acre Industrial Land, Vado, NM

      Prime I-10 Industrial Land, Borderplex Region
      8676 Frontage Rd, Vado, NM 88072
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    • $1,400,000

      Industrial Land with Home

      Industrial land with a home and I-2 zoning.
      13085 Stern Dr, Mesquite, NM 88048
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    • $500,000

      Commercial Lots Near Racetrack

      Four commercial lots available near new racetrack in Vado, NM.
      8629 Las Alturas Dr, Vado, NM 88048
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    • Contact for pricing
      89.30 Acres

      Prime Vado Interchange Land

      89 Acres, I-10 Frontage, Multi-Use Potential
      0 Interstate 10 & Vado Dr, Vado, NM 88072
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    • $4,600,000

      Land with I-10 Frontage

      Land suitable for commercial, industrial, or residential development.
      14310 Stern Dr, Mesquite, NM 88048
      View Details

    FAQs

    What type of property is this?
    Farm - Prime NM Ranch, I-10 Corridor, Water Rights
    Where is this farm located?
    The property is located at 16910 Stern Dr Vado, NM.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: Development property: ±207 developable acres in Doña Ana County, NM.; Excellent access to I-10 and NM Highway 227.; Substantial water rights (approx. 333 acres).
    Request Owner's contact information
    16910 Stern Dr Vado, NM 88072
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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
    16910 Stern Dr Vado, NM 88072
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