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

    Overlook Dr Placitas, NM 87043

    For Sale
    $168,000

    1.96-acre residential lot with stunning views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1.96-acre residential lot, identified by APN 1025073415130, presents a unique opportunity in the prestigious Overlook subdivision of Placitas, New Mexico. Priced at $168,000, this property boasts commanding views of the Sandia Mountains, Santa Fe, Jemez Mountains, Cabazon, and the Rio Grande Valley. Zoned R-1, the lot is ready for your dream home. Its convenient location offers easy access to amenities while maintaining a sense of seclusion. The Overlook provides a tranquil setting, yet is only 5.7 miles from Interstate 25, ensuring effortless commutes and connectivity. This parcel is situated on Overlook Drive in Placitas, Sandoval County, New Mexico, 87043. The expansive acreage provides ample space for a custom home and potential landscaping, maximizing the breathtaking panoramic vistas. This is an exceptional opportunity to build your dream home in a highly desirable location. Don't miss this chance to own a piece of Placitas' stunning landscape.

    Property Features for 0 Overlook Dr

    General Information

    Property type
    Land
    Lot Size
    85,378 SF

    HighLights

    • 1.96‑acre lot in the prestigious Overlook subdivision of Placitas.
    • Stunning Sandia Mountain, Santa Fe, Jemez, and Rio Grande Valley views.
    • Conveniently located 5.7 miles from I‑25.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Placitas
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.44728077574
    Latitude
    35.308703777273

    Nearby Comparable

    • $45,000

      Placitas Industrial Land - $45K

      5.35-Acre Industrial Lot, Panoramic Views
      18 Overlook Dr, Placitas, NM 87043
      View Details
    • $195,000

      Multi Lots OVERLOOK Drive

      Land
      0 Multi Lots Overlook Dr, Placitas, NM 87043
      View Details

    FAQs

    What type of property is this?
    Land - 1.96-acre residential lot with stunning views.
    Where is this land located?
    The property is located at Overlook Dr Placitas, NM.
    What is the asking price?
    The asking price for this property is $168,000.
    What are key features of this property?
    This property features: 1.96-acre lot in the prestigious Overlook subdivision of Placitas.; Stunning Sandia Mountain, Santa Fe, Jemez, and Rio Grande Valley views.; Conveniently located 5.7 miles from I-25.
    Request Owner's contact information
    Overlook Dr Placitas, NM 87043
    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.
    Overlook Dr
    Placitas, NM 87043
    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
    Overlook Dr Placitas, NM 87043
    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.