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

    #8 Lake Valley, NM 88042

    For Sale
    $125,000

    Prime 40-acre New Mexico Ranch Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 40-acre parcel presents a unique opportunity in the desirable Lake Valley, New Mexico area. Located within the expansive 23,000-acre Berrenda Creek Ranch, a working cattle ranch and wildlife habitat, this property offers a tranquil setting with stunning Southwestern views. The land boasts open range and is ideally suited for a variety of uses, from building a custom home to enjoying recreational activities. Existing infrastructure includes a well and an electric pedestal, simplifying the development process. The homesites within the ranch are naturally integrated into the existing topography, ensuring privacy and a seamless blend with the surrounding landscape. Situated near the historic ghost town of Lake Valley and outside Hillsboro, this property provides a secluded yet accessible location. The asking price for this remarkable 40-acre tract is $125,000. The property's address is #8 Child Of Water, Lake Valley, NM 88042. This is an exceptional opportunity to own a piece of New Mexico's rich history and natural beauty. Don't miss out on this chance to acquire this remarkable land parcel.

    Property Features for 0 #8

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • $125,000 asking price.
    • 40‑acre land parcel.
    • Located in Lake Valley, NM, zip code 88042.
    • Situated on a large working ranch with existing well and electric pedestal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake Valley
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.6215321
    Latitude
    32.7544974

    Nearby Comparable

    • $125,000
      50.05 Acres

      50-Acre Commercial Land, NM

      Prime NM Land: Nature Conservancy Setting
      81 Berrenda Crk, Lake Valley, NM 88042
      View Details
    • $500,000
      Pending

      Mimbres Valley Live-Work Resort

      Live and work in paradise. Perfect for retreats and events.
      102 Wilson Rd, Mimbres, NM 88049
      View Details
    • $629,000
      1,980 SF

      Remodeled Retreat in Mimbres Valley

      Eco-friendly strawbale retreat with versatile dwellings and stunning views.
      89 Wilson Rd, San Lorenzo, NM 88041
      View Details

    FAQs

    What type of property is this?
    Land - Prime 40-acre New Mexico Ranch Land
    Where is this land located?
    The property is located at #8 Lake Valley, NM.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: $125,000 asking price.; 40-acre land parcel.; Located in Lake Valley, NM, zip code 88042.
    (575) 644-7070
    Request Owner's contact information
    #8 Lake Valley, NM 88042
    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.
    #8
    Lake Valley, NM 88042
    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
    #8 Lake Valley, NM 88042
    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.