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    Xx Hood Mesa Trl Farmington, NM 87402

    For Sale
    $128,000

    4-Acre Buildable Lot, Upscale Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 174,240 square foot lot presents a rare opportunity to build your dream home in Farmington, New Mexico. Located at the end of Hood Mesa Trail, this 4-acre parcel offers unparalleled privacy and seclusion, nestled amongst luxury estates. The property boasts a desirable paved road access and features stunning natural sandstone outcrops, creating a unique and picturesque setting for a high-end residence. The location provides a tranquil escape while still being conveniently situated within the Farmington community. Restrictive covenants are in place, and it's important to note that only site-built homes are permitted on this property. This is an ideal location for those seeking to create a custom home in a prestigious and peaceful environment. The asking price for this remarkable building lot is $128,000. Detailed information regarding the restrictive covenants is available upon request. The property is situated in San Juan County, New Mexico, with the address being XX HOOD MESA Trail, Farmington, NM 87402. The lot's geographic coordinates are 36.795275 latitude and -108.1607965 longitude. Don't miss this chance to own a piece of this exclusive neighborhood.

    Property Features for 0 Xx Hood Mesa Trl

    General Information

    Property type
    Land

    HighLights

    • Asking price: $128,000
    • Property type: Vacant land, 4 acres (174,240 sq ft)
    • Located in Farmington, NM, 87402, on Hood Mesa Trail
    • Secluded 4‑acre lot, surrounded by luxury homes, ideal for a custom home. Site‑built homes only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1607965
    Latitude
    36.795275

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    FAQs

    What type of property is this?
    Land - 4-Acre Buildable Lot, Upscale Location
    Where is this land located?
    The property is located at Xx Hood Mesa Trl Farmington, NM.
    What is the asking price?
    The asking price for this property is $128,000.
    What are key features of this property?
    This property features: Asking price: $128,000; Property type: Vacant land, 4 acres (174,240 sq ft); Located in Farmington, NM, 87402, on Hood Mesa Trail
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    Xx Hood Mesa Trl Farmington, NM 87402
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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
    Xx Hood Mesa Trl Farmington, NM 87402
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