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    69 Avenida Lustrosos Ave Rociada, NM 87742

    For Sale
    Contact for pricing

    Build Your Dream Home in Pendaries

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 22,215.6 square foot lot is situated in the desirable Pendaries Subdivision in Rociada, New Mexico, zip code 87742. Located at Lot 69 Avenida Lustrosos Avenue, this property offers a tranquil setting amidst a Ponderosa pine forest, high in the mountains. The asking price is $5,000. The Pendaries Homeowners Association (HOA) annual assessment covers essential services including water, year-round road maintenance, and weekly trash pickup. Additionally, the Rociada Townhouse Association assessment provides insurance for buildings, roof repair and replacement as needed, lawn mowing, and common area maintenance. Note that the Pendaries Subdivision has established covenants and restrictions. The area was impacted by the Calf Canyon/Hermit's Peak fire

    Property Features for 69 Avenida Lustrosos Ave

    General Information

    Property type
    Land

    HighLights

    • 22,215.6 sq ft lot in desirable Pendaries Subdivision, Rociada, NM 87742.
    • Located at Lot 69 Avenida Lustrosos Avenue.
    • $5,000 asking price.
    • HOA covers water, road maintenance, and trash pickup.
    • Additional assessment covers building insurance, roof repair, lawn mowing, and common area maintenance.
    • Subject to covenants, conditions, and restrictions (CC&Rs).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rociada
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.5239912
    Latitude
    35.9153639

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    FAQs

    What type of property is this?
    Land - Build Your Dream Home in Pendaries
    Where is this land located?
    The property is located at 69 Avenida Lustrosos Ave Rociada, NM.
    What is the asking price?
    The asking price for this property is $5,000.
    What are key features of this property?
    This property features: 22,215.6 sq ft lot in desirable Pendaries Subdivision, Rociada, NM 87742.; Located at Lot 69 Avenida Lustrosos Avenue.; $5,000 asking price.
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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
    69 Avenida Lustrosos Ave Rociada, NM 87742
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