Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    26 Spring Canyon Cir Quemado, NM 87829

    Sponsored
    For Sale
    $39,900

    Build Your Dream Home in New Mexico

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    406
    This exceptional 4.47-acre lot, located at LOT 26 Spring Canyon Circle in Quemado, Catron County, New Mexico (zip code 87829), presents a unique opportunity for building a private retreat. Situated within Spring Canyon Ranch, this property boasts a heavily treed, level parcel with a beautiful open area ideal for construction. Enjoy the convenience of a driveway with a chain gate, community water access (with a frost-free spigot), and underground power and phone lines at the road. The property is adjacent to BLM land to the north, offering miles of hiking trails directly accessible from your backyard. Note that a septic system will be required. The HOA maintains the roads and enforces community guidelines, including a 1200 square foot minimum home size and acceptance of manufactured homes. Seasonal RVs are permitted. This high-elevation location (approximately 8000 feet) offers a cool climate and is conveniently located approximately 5 hours from Phoenix, Tucson, and El Paso, 2 hours from Albuquerque International Airport, 45 minutes from Springerville, Arizona, and 15 minutes from Quemado, NM. Conventional land financing is available. Embrace the tranquility and natural beauty of Western New Mexico.

    Property Features for 26 Spring Canyon Cir

    General Information

    Property type
    Land
    Lot Size
    194,713 SF

    We can help!

    Listing Contact
    Eric Krueger
    Eric Krueger

    Learn more

    HighLights

    • $39,900 asking price.
    • 4.47‑acre land parcel.
    • Located in Quemado, Catron County, New Mexico.
    • Adjacent to BLM land.
    • Community water, underground power, and phone at the road; septic required.
    • HOA with maintained roads; minimum 1200 sq ft home; manufactured homes allowed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Quemado
    County
    Catron
    State
    New Mexico
    Longitude
    -108.592121
    Latitude
    34.2786333

    Nearby Comparable

    • $30,000
      3.47 Acres

      Quemado, NM Land - 3.47 Acres

      Build Your Dream in Spring Canyon Ranch
      127 Agua Fria Loop, Quemado, NM 87829
      View Details
    • $49,900
      7.15 Acres

      7.15 Acres Quemado, NM Land

      Build Your Dream Home: Stunning Views, Level Lot
      139 Agua Fria Loop, Quemado, NM 87829
      View Details
    • $50,000
      38.04 Acres

      New Mexico Land: 38 Acres

      Quemado, NM acreage; stunning views.
      0 Indian Maiden Ct, Quemado, NM 87829
      View Details
    • $30,000
      3.30 Acres

      Quemado, NM Land - 3.3 Acres

      3.3-acre lot, stunning mountain views, owner financing.
      174 Agua Fria Loop, Quemado, NM 87829
      View Details
    • $95,000
      66.10 Acres

      Land Near Quemado, New Mexico

      66.1 acres of rural land near Quemado, New Mexico.
      Largo Crk Loop Rd, Quemado, NM 87829
      View Details
    • $130,000
      10.88 Acres

      Recreational Land with Cabin, Workshop

      10.88 acres with travel trailer, cabin, and workshop.
      15 Crestview Dr. Rd, Quemado, NM 87829
      View Details
    • $35,000
      20.82 Acres

      Land with Electric Service On-Site

      20.82-acre lot near Quemado, NM, with electric service and shed.
      32 Horseshoe Trl Rd, Quemado, NM 87829
      View Details
    • Contact for pricing
      12.22 Acres

      Land in Rural New Mexico

      12.22 acres with driveway, pad, fencing, and owner financing.
      27 Equestrian Ln Rd, Quemado, NM 87829
      View Details

    FAQs

    What type of property is this?
    Land - Build Your Dream Home in New Mexico
    Where is this land located?
    The property is located at 26 Spring Canyon Cir Quemado, NM.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: $39,900 asking price.; 4.47-acre land parcel.; Located in Quemado, Catron County, New Mexico.
    Request Owner's contact information
    26 Spring Canyon Cir Quemado, NM 87829
    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.
    26 Spring Canyon Cir
    Quemado, NM 87829
    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
    26 Spring Canyon Cir Quemado, NM 87829
    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

    We can help!
    Listing Contact
    Eric Krueger
    Eric Krueger
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.