Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Land with Mountain Views Title is generated by Realmo AI

    XXXX Coyote Lane Lot 19, Columbus, NM 88029

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    2.147 acres of raw land with utility access.

    Type:Land
    Lot size:
    2.15 Acres
    Added:
    Jul 18, 2024
    Days on Market:
    685
    Last Refresh:
    May 12 at 8:42 pm

    Property Features for XXXX Coyote Lane Lot 19

    General Information

    Standard status
    Active
    Lot size
    2.15 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Roseanna Kuhlman

    Listing agent Roseanna Kuhlman

    Listing office United Country Downtown Real Estate

    Listing date Jul 18, 2024

    Source Crexi

    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 United Country Downtown Real Estate

    HighLights

    • Large 2.147‑acre lot provides ample space for building.
    • Breathtaking views of the Tres Hermanas Mountains.
    • Electric connection available near the site.
    • City water connection available near the site.
    • Suitable for building a custom home or installing a manufactured home.
    • Expansive night sky views ideal for stargazing.

    Overview

    This is a 2.147-acre plot of raw, vacant land suitable for building a home or installing a manufactured home. The property offers views of the Tres Hermanas Mountains. Electric and city water connections are located near the site. The location offers expansive night sky views. Buyers should verify utility sources, usage, and zoning.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Columbus
    County
    Luna
    State
    New Mexico
    Longitude
    -107.64
    Latitude
    31.8297

    Nearby Similar for Sale

    • $13,000

      Land with Mountain Views

      2.153 acres of raw land with utility access.
      Roadrunner Lane Lot 8, Columbus, NM 88029
      View Details
    • $5,500

      Corner Lot in Columbus, NM

      7,000 sq ft corner lot near highways 11 and 9.
      E Ross Ave, Columbus, NM 88029
      View Details
    • $140,000

      Columbus NM Land For Sale

      10 acres of commercial land near the Port of Entry.
      Columbus Hwy 11, Columbus, NM 88029
      View Details
    • $3,250

      Columbus, NM Land For Sale

      Spacious lot near highways, ideal for development or investment.
      E Higday Ave, Columbus, NM 88029
      View Details
    • $13,000

      Land with Mountain Views

      2.151 acres of raw land with utility access.
      Kopopelli Lane Lot 16, Columbus, NM 88029
      View Details
    • $13,000

      Land with Mountain Views

      2.147 acres of raw land near Tres Hermanas Mountains.
      Coyote Lane Lot 19, Columbus, NM 88029
      View Details
    • $13,000

      Vacant Land with Mountain Views

      2.147 acres of raw land with utility access.
      Kopopelli Lane Lot 15, Columbus, NM 88029
      View Details
    • $13,000

      Land with Mountain Views

      2.147 acres of raw land with utility access.
      Coyote Lane Lot 18, Columbus, NM 88029
      View Details
    • $20,000

      40 Acres Vacant Land

      40 acre vacant land tract west of Columbus, New Mexico.
      1111 w Jones rd, Columbus, NM 88029
      View Details
    • $81,000

      Unimproved Land in Luna County

      135 acres near Columbus, NM, with development potential.
      S Pie Rd SE, Columbus, NM 88029
      View Details
    • $46,000

      Land Southwest of Columbus, NM

      80 acres of land near Columbus, New Mexico.
      No Street, Columbus, NM 88029
      View Details
    • $75,000

      Vacant Land in Luna County

      180 acres of land in Southern New Mexico.
      Off of Hwy 11 and S Pie st, Columbus, NM 88029
      View Details

    FAQs

    What type of property is this?
    Land - 2.147 acres of raw land with utility access.
    Where is this land located?
    The property is located at XXXX Coyote Lane Lot 19 Columbus, NM.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large 2.147‑acre lot provides ample space for building.; Breathtaking views of the Tres Hermanas Mountains.; Electric connection available near the site.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Roseanna Kuhlman
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    XXXX Coyote Lane Lot 19, Columbus, NM 88029
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!