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    107 Bullard Rd Gladstone, NM 88424

    For Sale
    $1,200,000

    Prime New Mexico Ranch, Hunting, Recreation

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Discover Tatsinupi Ranch, a sprawling 363-acre property nestled near Gladstone, New Mexico, in Union County. Known for its exceptionally dark skies, ideal for stargazing, this secluded ranch boasts 360-degree views and abundant privacy, bordering over 2,482 acres of state lease land. Rich in history, the land features ancient rock walls, petroglyphs, dinosaur tracks, and other historical artifacts. Wildlife is abundant, with year-round water from Ute Creek attracting deer, antelope, and various bird species. Improvements include a 1,000 sq ft Muller building (2012) with living quarters (1 bed, 1 bath), a workspace, and additional storage. Guest accommodations consist of several outbuildings and a 12x30 tiny house with amenities. The ranch is fully fenced and cross-fenced, with pastures suitable for livestock. Mature fruit trees, grapevines, and berry bushes add to the property's charm. A robust water system includes a 150-foot well with solar-powered pumping, 5,500 gallons of storage, and drinker tanks for livestock. Solar power with backup propane generator ensures reliable energy. Storage is provided by three 8x40 shipping containers and various outbuildings. Potential revenue streams include wind and solar leases, and various conservation programs. Recreational opportunities abound, including hunting, fishing, camping, and photography. This unique property offers a blend of history, natural beauty, and recreational potential.

    Property Features for 107 Bullard Rd

    General Information

    Property type
    Farms
    Lot Size
    15,812,280 SF

    HighLights

    • 363‑acre ranch near Gladstone, NM, bordering over 2,482 acres of state lease land.
    • Exceptional dark skies ideal for stargazing; 360‑degree views and abundant privacy.
    • Historical features include ancient rock walls, petroglyphs, and dinosaur tracks.
    • Abundant wildlife, year‑round water from Ute Creek.
    • Improvements include a 1,000 sq ft Muller building (1 bed/1 bath), outbuildings, and a 12x30 tiny house.
    • Fully fenced and cross‑fenced pastures suitable for livestock; mature fruit trees and grapevines.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gladstone
    County
    Union
    State
    New Mexico
    Longitude
    -103.9511768
    Latitude
    36.326672

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    FAQs

    What type of property is this?
    Farm - Prime New Mexico Ranch, Hunting, Recreation
    Where is this farm located?
    The property is located at 107 Bullard Rd Gladstone, NM.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 363-acre ranch near Gladstone, NM, bordering over 2,482 acres of state lease land.; Exceptional dark skies ideal for stargazing; 360-degree views and abundant privacy.; Historical features include ancient rock walls, petroglyphs, and dinosaur tracks.
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    107 Bullard Rd Gladstone, NM 88424
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    Gladstone, NM 88424
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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
    107 Bullard Rd Gladstone, NM 88424
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