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

    Tbd Nm Hyw-80 Hwy Rodeo, NM 88056

    For Sale
    $115,000

    High-desert land, unrestricted use.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 120-acre parcel presents a unique investment opportunity near Rodeo, New Mexico. Situated adjacent to the New Mexico/Arizona border on its western edge, and at the junction of NM Hwy-80 and NM Hwy-9 on the east, this property offers unparalleled versatility. The land is unrestricted, allowing for commercial or residential development, or a combination of both. Subdivision potential exists, making it ideal for multiple buyers or phased development. Enjoy breathtaking views of the surrounding mountain ranges and abundant desert wildlife. Access is ensured year-round via all-weather roads. Existing infrastructure includes a domestic well and fencing on two sides. Promising building sites are available, with electricity and phone/internet readily accessible at the property boundary. The area boasts a moderate climate, making it attractive year-round. Its proximity to Rodeo, NM and Portal, AZ, adds to its appeal. Known for its biodiversity and exceptionally dark night skies, this location has drawn astronomers worldwide. The asking price makes this a compelling opportunity for a private retreat, equestrian property, or various business ventures such as a bed and breakfast, glamping site, RV park, or astronomy club.

    Property Features for 0 Tbd Nm Hyw-80 Hwy

    General Information

    Property type
    Land
    Lot Size
    5,227,200 SF

    HighLights

    • $115,000 asking price.
    • 120‑acre land parcel.
    • Located near Rodeo, NM, adjacent to the NM/AZ border.
    • Unrestricted use; suitable for commercial, residential, or mixed‑use development.
    • Features include domestic well, partial fencing, and access to utilities at the boundary.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rodeo
    County
    Hidalgo
    State
    New Mexico
    Longitude
    -109.0309831
    Latitude
    31.8367309

    Nearby Comparable

    • $59,900
      20.00 Acres

      Rodeo, NM Land: 20 Acres

      High-desert acreage with stunning views.
      0 Tbd Caballo Dr, Rodeo, NM 88056
      View Details
    • Contact for pricing
      20.00 Acres

      Tbd Caballos Dr

      Land • 20.00 Acres
      0 Tbd Caballos Dr, Rodeo, NM 88056
      View Details
    • Contact for pricing
      20.00 Acres

      20 Acres in Rodeo, NM

      High-desert land, stunning views.
      0 Tbd Caballo Dr, Rodeo, NM 88056
      View Details
    • New
      $60,000
      37.00 Acres

      Expansive Land in San Simon, AZ

      37 acres of undeveloped land with mountain views.
      37 Acres Blacktail Rd, San Simon, AZ 85632
      View Details
    • $125,000
      Pending

      Land Near National Forest

      Acreage near Portal with mountain views and utilities.
      -- S Wandervogel Way, Portal, AZ 85632
      View Details

    FAQs

    What type of property is this?
    Land - High-desert land, unrestricted use.
    Where is this land located?
    The property is located at Tbd Nm Hyw-80 Hwy Rodeo, NM.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: $115,000 asking price.; 120-acre land parcel.; Located near Rodeo, NM, adjacent to the NM/AZ border.
    Request Owner's contact information
    Tbd Nm Hyw-80 Hwy Rodeo, NM 88056
    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.
    Tbd Nm Hyw-80 Hwy
    Rodeo, NM 88056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Tbd Nm Hyw-80 Hwy Rodeo, NM 88056
    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
    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.