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    5 Luna Azul Sandia Park, NM 87047

    Sponsored
    For Sale
    $142,000

    11-Acre Ranch, Red Rock & Mountain Views

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Exceptional 11-acre (507,038 sq ft) ranch property in Sandia Park, New Mexico, awaits its new owner. Located at 5 Luna Azul, this remarkable parcel boasts breathtaking 360-degree views encompassing red rock canyons and majestic mountains. The secluded cul-de-sac location ensures complete privacy and tranquility. Imagine building your dream home here, enjoying unparalleled vistas and the peace of a natural setting. The property offers convenient access to the Golden Open Space, perfect for hiking enthusiasts. Infrastructure is already in place, with paved roads, underground utilities, and natural gas readily available at the street. This is a rare opportunity to acquire a substantial piece of land in a highly desirable location, offering both seclusion and accessibility. The asking price is $142,000. Don't miss this chance to own a piece of New Mexico's stunning landscape. The property is located in Sandoval County, New Mexico, zip code 87047. GPS coordinates are 35.2473744 latitude and -106.3361781 longitude.

    Property Features for 5 Luna Azul

    General Information

    Property type
    Farms

    HighLights

    • $142,000 asking price.
    • 11‑acre land parcel in Sandia Park, NM.
    • 507,038 square foot lot size.
    • Red‑rock canyon and mountain views.
    • Private cul‑de‑sac location.
    • Paved roads and underground utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandia Park
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.3361781
    Latitude
    35.2473744

    FAQs

    What type of property is this?
    Farm - 11-Acre Ranch, Red Rock & Mountain Views
    Where is this farm located?
    The property is located at 5 Luna Azul Sandia Park, NM.
    What is the asking price?
    The asking price for this property is $142,000.
    What are key features of this property?
    This property features: $142,000 asking price.; 11-acre land parcel in Sandia Park, NM.; 507,038 square foot lot size.
    Request Owner's contact information
    5 Luna Azul Sandia Park, NM 87047
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    5 Luna Azul
    Sandia Park, NM 87047
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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
    5 Luna Azul Sandia Park, NM 87047
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