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    81 Berrenda Crk Lake Valley, NM 88042

    For Sale
    $125,000

    Prime NM Land: Nature Conservancy Setting

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 50.05-acre commercial land parcel presents a unique investment opportunity in Sierra County, New Mexico. Located at 81 Berrenda Creek, Hillsboro, NM 88042 (APN 3040103040059), this property is situated within a pristine nature conservancy, offering a rare chance to develop an eco-friendly project or private retreat. The land boasts diverse ecosystems and breathtaking vistas, characterized by gentle rolling hills. Its expansive size allows for ample space to create a custom development, whether a sustainable home, a secluded getaway, or a nature-focused enterprise. The asking price is $125,000, translating to $2,497.50 per acre. This serene and undisturbed location provides tranquility and a harmonious blend of natural beauty, making it an ideal canvas for a visionary project. The property's latitude and longitude coordinates are 32.7630704 and -107.5423792 respectively. This is a truly remarkable opportunity to own a significant piece of land in a remarkable natural setting.

    Property Features for 81 Berrenda Crk

    General Information

    Property type
    Land
    Lot Size
    2,180,178 SF

    HighLights

    • $125,000 asking price for 50.05 acres of commercial land.
    • Rare opportunity to develop an eco‑friendly property or private retreat in a nature conservancy.
    • Serene location in Sierra County, New Mexico, offering diverse ecosystems and scenic views.
    • Gentle rolling hills across the 50.05‑acre parcel.
    • Ample space for custom development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Valley
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.5423792
    Latitude
    32.7630704

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Prime NM Land: Nature Conservancy Setting
    Where is this land located?
    The property is located at 81 Berrenda Crk Lake Valley, NM.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price for 50.05 acres of commercial land.; Rare opportunity to develop an eco-friendly property or private retreat in a nature conservancy.; Serene location in Sierra County, New Mexico, offering diverse ecosystems and scenic views.
    Request Owner's contact information
    81 Berrenda Crk Lake Valley, NM 88042
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    Lake Valley, NM 88042
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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
    81 Berrenda Crk Lake Valley, NM 88042
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