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    3 Fullerton Rdg Sandia Park, NM 87047

    For Sale
    $38,000

    119,790 sq ft lot; mountain views; near Albuquerque.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 119,790 square foot lot presents a unique opportunity to build your dream home in the desirable Sandia Park, New Mexico. Part of a 20-lot subdivision, this property boasts stunning mountain views and is surrounded by the natural beauty of pinon and juniper trees. The location offers a peaceful escape while remaining conveniently close to Albuquerque (25 minutes) and Santa Fe (45 minutes). Utilities, including electricity and phone service, are readily available at the subdivision's eastern boundary. The subdivision borders the National Forest, providing easy access to a wealth of outdoor recreational activities such as hiking, mountain biking, skiing, and golfing. This lot allows for the construction of modular homes, with a minimum square footage requirement of 2,000 square feet. Temporary RV living is permitted during the construction phase. Embrace the opportunity to select your ideal homesite in this picturesque setting and create your perfect mountain retreat. The property is located at Lot 3 Fullerton Ridge, Sandia Park, NM 87047. The zip code is 87047, and the Sandoval County location offers a blend of tranquility and accessibility.

    Property Features for 3 Fullerton Rdg

    General Information

    Property type
    Farms

    HighLights

    • $38,000 asking price.
    • 119,790 square foot lot.
    • Located in Sandia Park, NM, 87047.
    • Mountain views, pinon and juniper trees.
    • 25 minutes to Albuquerque, 45 minutes to Santa Fe.
    • Borders National Forest; nearby hiking, biking, skiing, and golfing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sandia Park
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.3228338
    Latitude
    35.2102646

    Nearby Comparable

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      Sandia Park Ranch Land - $38K

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      Sandia Park Ranch Land - $28k

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    FAQs

    What type of property is this?
    Farm - 119,790 sq ft lot; mountain views; near Albuquerque.
    Where is this farm located?
    The property is located at 3 Fullerton Rdg Sandia Park, NM.
    What is the asking price?
    The asking price for this property is $38,000.
    What are key features of this property?
    This property features: $38,000 asking price.; 119,790 square foot lot.; Located in Sandia Park, NM, 87047.
    Request Owner's contact information
    3 Fullerton Rdg Sandia Park, NM 87047
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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
    3 Fullerton Rdg Sandia Park, NM 87047
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