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

    Calle Del Palo Pendaries Vlg Clb Subdivision 3 St Rociada, NM 87742

    Sponsored
    For Sale
    $117,000

    Build your dream home in tranquil Ponderosa pine forest.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    400
    This exceptional 3-acre lot is nestled high in the mountains of the Pendaries Village Club Subdivision 3 Street, Rociada, NM 87742. Priced at $117,000, this property offers a serene escape with stunning views. The land is forested with Ponderosa pine, creating a naturally beautiful setting. The Pendaries Subdivision boasts an 18-hole golf course and other amenities for residents to enjoy. The annual Pendaries HOA assessment covers essential services including water, year-round road maintenance, and weekly trash pickup. Additionally, the Rociada Townhouse Association assessment provides insurance for buildings, roof repair and replacement as needed, lawn mowing, and common area maintenance. Note that there are covenants and restrictions within the Pendaries Subdivision. It's important to be aware that the Pendaries area was impacted by the Calf Canyon/Hermit's Peak fire. While the provided photo is from Pendaries, it does not specifically depict this particular lot. Buyers are encouraged to conduct their own due diligence regarding the property and its surroundings. This is a unique opportunity to own a piece of this peaceful mountain community.

    Property Features for 0 Calle Del Palo Pendaries Vlg Clb Subdivision 3 St

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre mountain lot in Pendaries Village Club Subdivision, Rociada, NM.
    • Priced at $117,000.
    • Stunning views and Ponderosa pine forest.
    • Access to 18‑hole golf course and community amenities.
    • HOA covers water, road maintenance, and trash pickup.
    • Townhouse Association assessment includes building insurance, roof maintenance, lawn care, and common area maintenance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rociada
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.4128911
    Latitude
    35.8161448

    Nearby Comparable

    • Contact for pricing

      Rociada Land: Mountain View Lot

      Build your dream home in scenic New Mexico.
      92 Forest Dr, Rociada, NM 87742
      View Details
    • Contact for pricing

      Rociada Land: Mountain View Lot

      Build Your Dream Home in Peaceful NM Setting
      9 Calle Retiro Rd, Rociada, NM 87742
      View Details
    • Contact for pricing

      Rociada Land: Mountain View Lot

      Build Your Dream Home in Peaceful NM Setting
      9 Calle Retiro St, Rociada, NM 87742
      View Details
    • Contact for pricing

      Rociada Land: Mountain View Lot

      Build Your Dream Home in Pendaries
      0 & Calle Del Palo Dr, Rociada, NM 87742
      View Details
    • Contact for pricing

      Rociada Land: Build Your Dream Home

      Mountain lot, stunning views, 22,215 sq ft
      89 Frst Dr Dr, Rociada, NM 87742
      View Details
    • Contact for pricing

      Rociada Land: Mountain View Lot

      Build your dream home in scenic New Mexico.
      44 Avenida Securidad Ave, Rociada, NM 87742
      View Details
    • Contact for pricing

      Rociada Land: Mountain View Lot

      Build your dream home in scenic New Mexico.
      20 Avenida De Securidad Ave, Rociada, NM 87742
      View Details

    FAQs

    What type of property is this?
    Land - Build your dream home in tranquil Ponderosa pine forest.
    Where is this land located?
    The property is located at Calle Del Palo Pendaries Vlg Clb Subdivision 3 St Rociada, NM.
    What is the asking price?
    The asking price for this property is $117,000.
    What are key features of this property?
    This property features: 3-acre mountain lot in Pendaries Village Club Subdivision, Rociada, NM.; Priced at $117,000.; Stunning views and Ponderosa pine forest.
    Request Owner's contact information
    Calle Del Palo Pendaries Vlg Clb Subdivision 3 St Rociada, NM 87742
    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.
    Calle Del Palo Pendaries Vlg Clb Subdivision 3 St
    Rociada, NM 87742
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Calle Del Palo Pendaries Vlg Clb Subdivision 3 St Rociada, NM 87742
    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.