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    1X Road 1191 La Plata, NM 87418

    For Sale
    $45,000

    43,560 sq ft lot, great views, near Farmington.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 43,560 square foot land parcel presents a unique opportunity in La Plata, New Mexico. Located just 10 miles from Farmington and close to the Colorado border, this property boasts stunning views. Ideal for building a new home or placing a mobile home, the lot offers convenient access to utilities. A water line is currently being installed along the road, requiring only the installation of a personal meter. Electricity is readily available nearby, though a septic system will need to be installed. The western border of the property adjoins Bureau of Land Management (BLM) land. The seller is motivated and offers flexible financing options, including short-term financing or the possibility of a land/home package deal. Additional adjoining land is also available for purchase. This property is situated west of the La Plata Store. Don't miss this chance to own a piece of New Mexico's beautiful landscape. The property is listed under MLS # 24-899.

    Property Features for 1X Road 1191

    General Information

    Property type
    Land

    HighLights

    • $45,000 asking price.
    • 43,560 square foot land parcel.
    • Located in La Plata, NM, 87418.
    • Ten miles from Farmington, NM, near the Colorado border.
    • Suitable for building a home or mobile home; buyer responsible for utilities and septic.
    • Borders Bureau of Land Management (BLM) land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Plata
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1952206
    Latitude
    36.9605111

    Nearby Comparable

    • $399,900

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      89.9 acres in La Plata, NM with development potential.
      1191 Tract S1 Rd, La Plata, NM 87418
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    • $325,000

      69 Acres in La Plata

      Undeveloped land with development potential in La Plata, New Mexico.
      1330 Tract S2 Rd, La Plata, NM 87418
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    • $390,000

      La Plata, NM Land - $390,000

      Spacious New Mexico Land - Ideal for Farming
      1338 Xxx Rd, La Plata, NM 87418
      View Details

    FAQs

    What type of property is this?
    Land - 43,560 sq ft lot, great views, near Farmington.
    Where is this land located?
    The property is located at 1X Road 1191 La Plata, NM.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: $45,000 asking price.; 43,560 square foot land parcel.; Located in La Plata, NM, 87418.
    Request Owner's contact information
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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
    1X Road 1191 La Plata, NM 87418
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