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    42670 Tract 3 Rd Navajo Dam, NM 87419

    For Sale
    $950,000

    Riverfront Island Property; Build Your Dream

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 21-acre island property, located at TRACT 3 ROAD 42670, Navajo Dam, NM 87419, presents a rare investment opportunity. Priced at $950,000, this expansive 914,760 square foot parcel is completely surrounded by the San Juan River, offering unparalleled privacy and access to world-class fly fishing. The property's unique island setting provides a blank canvas for a variety of development possibilities. Imagine building a luxurious lodge, your dream home, or even a thriving RV park. The possibilities are limited only by your imagination. The location in San Juan County, New Mexico, offers a tranquil escape while still being accessible. This is a truly remarkable opportunity to own a piece of paradise, a unique island retreat with exceptional potential. The property's size and riverfront location make it ideal for a variety of uses, from a private residential estate to a commercial venture. The latitude and longitude coordinates are 36.8076845, -107.6981203. Don't miss this chance to acquire this one-of-a-kind island property.

    Property Features for 42670 Tract 3 Rd

    General Information

    Property type
    Land

    HighLights

    • $950,000 asking price.
    • 21+ acre island property.
    • Located in Navajo Dam, NM (87419).
    • 914,760 square foot lot size.
    • San Juan River frontage; excellent fly fishing.
    • Development potential: lodge, home, RV park, etc.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Navajo Dam
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.6981203
    Latitude
    36.8076845

    Nearby Comparable

    • New
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      Island Property on San Juan River

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      Navajo Dam Land: Build Your Dream

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      Blanco, NM Land - 4.0 Acres

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    Nearby Similar for Sale

    • $2,375,000
      8.11 Acres

      Iconic Motel and Fly Shop

      Established motel, fly shop, and restaurant near Navajo Dam.
      1791 Nm-173 Aztec Hwy, Navajo Dam, NM 87419
      View Details

    FAQs

    What type of property is this?
    Land - Riverfront Island Property; Build Your Dream
    Where is this land located?
    The property is located at 42670 Tract 3 Rd Navajo Dam, NM.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: $950,000 asking price.; 21+ acre island property.; Located in Navajo Dam, NM (87419).
    Request Owner's contact information
    42670 Tract 3 Rd Navajo Dam, NM 87419
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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
    42670 Tract 3 Rd Navajo Dam, NM 87419
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