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    Red Flt Rd Rd Grants, NM 87020

    For Sale
    Contact for pricing

    Affordable NM Land - Build Your Dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 5-acre parcel presents a unique opportunity for those seeking a tranquil yet accessible location in Cibola County, New Mexico. Situated near Interstate 40, this property offers convenient access to major transportation routes while maintaining a peaceful, secluded atmosphere. The land itself is relatively flat and easily accessible, making it ideal for a variety of development projects. Imagine building your custom home, establishing a small farm, or simply enjoying the serenity of owning a sizable piece of New Mexico land. The asking price of $25,000 makes this an incredibly affordable option for land acquisition in the area. While electricity is readily available nearby, prospective buyers should note that septic installation will be required. This property is located on Red Flat Road Road in Grants, NM, zip code 87020, offering a blend of privacy and convenience. The coordinates are 34.9452034 latitude and -108.0005933 longitude. Don't miss this chance to own a piece of New Mexico at an exceptional price. This property is ready for your vision.

    Property Features for 0 Red Flt Rd Rd

    General Information

    Property type
    Land
    Lot Size
    217,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grants
    County
    Cibola
    State
    New Mexico
    Longitude
    -108.0005933
    Latitude
    34.9452034

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    FAQs

    What type of property is this?
    Land - Affordable NM Land - Build Your Dream!
    Where is this land located?
    The property is located at Red Flt Rd Rd Grants, NM.
    What is the asking price?
    The asking price for this property is $25,000.
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    Red Flt Rd Rd Grants, NM 87020
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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
    Red Flt Rd Rd Grants, NM 87020
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