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    Ravine Ln Mountainair, NM 87036

    Sponsored
    For Sale
    $39,900

    New Mexico farmland, build your dream.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 80-acre property, located at 0 Ravine Lane, Mountainair, NM 87036, presents a unique opportunity for agricultural pursuits or a peaceful retreat. Boasting a substantial 3,510,936 square feet of land, this expansive parcel offers ample space for various uses. Situated in Torrance County, New Mexico, this land provides a tranquil escape, yet remains conveniently close to the town of Mountainair. The property's size allows for the development of a custom home, a recreational haven, or a significant agricultural operation. The asking price is $39,900, making this a compelling investment in New Mexico real estate. The property is classified as both a farm and a ranch, suggesting versatility in its potential applications. Buyers are encouraged to submit offers. This is a rare chance to acquire a substantial piece of land in a desirable location, offering both privacy and proximity to a charming town. The property's latitude and longitude coordinates are 34.4561677 and -106.2884579 respectively. All offers will be considered. Don't miss this chance to own a piece of New Mexico.

    Property Features for 0 Ravine Ln

    General Information

    Property type
    Farms

    HighLights

    • $39,900 asking price for 80 acres of agricultural land.
    • Located in Mountainair, NM, Torrance County, zip code 87036.
    • 3,510,936 square foot lot.
    • Short drive from Mountainair.
    • Ideal for a new home or rural retreat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mountainair
    County
    Torrance
    State
    New Mexico
    Longitude
    -106.2884579
    Latitude
    34.4561677

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - New Mexico farmland, build your dream.
    Where is this farm located?
    The property is located at Ravine Ln Mountainair, NM.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: $39,900 asking price for 80 acres of agricultural land.; Located in Mountainair, NM, Torrance County, zip code 87036.; 3,510,936 square foot lot.
    Request Owner's contact information
    Ravine Ln Mountainair, NM 87036
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    Mountainair, NM 87036
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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
    Ravine Ln Mountainair, NM 87036
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