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    Tbd Frst 50 Rd Grants, NM 87020

    For Sale
    $220,000

    Recreational Land Near Grants, NM

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 40.95-acre property is nestled in the scenic Cibola National Forest, conveniently located approximately 17 minutes from Grants, New Mexico. Accessible via Forest Road 50, off Zuni Canyon Road, this expansive parcel presents a multitude of possibilities. The land currently features two abandoned mobile homes, offering potential for renovation or removal, leaving a blank canvas for your vision. Imagine building your dream home surrounded by the natural beauty of the Cibola National Forest. The area is renowned for its abundant wildlife, including deer, elk, bear, and turkey, making it an ideal location for hunting enthusiasts. Beyond hunting, the property offers access to a wealth of recreational activities such as hiking and camping. Bordered on two sides by the national forest, this land provides access to a vast expanse beyond the 40.95 acres. Whether you envision a secluded recreational retreat, a hunter's haven, or a stunning private residence, this property offers unparalleled potential. The asking price is $220,000. The property is located at TBD Forest 50 Road, Grants, NM 87020, in Cibola County.

    Property Features for 0 Tbd Frst 50 Rd

    General Information

    Property type
    Land
    Lot Size
    1,783,782 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Grants
    County
    Cibola
    State
    New Mexico
    Longitude
    -108.119129
    Latitude
    35.0832989

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    FAQs

    What type of property is this?
    Land - Recreational Land Near Grants, NM
    Where is this land located?
    The property is located at Tbd Frst 50 Rd Grants, NM.
    What is the asking price?
    The asking price for this property is $220,000.
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    Tbd Frst 50 Rd Grants, NM 87020
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    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
    Tbd Frst 50 Rd Grants, NM 87020
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