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    1338 Xxx Rd La Plata, NM 87418

    For Sale
    $390,000

    Spacious New Mexico Land - Ideal for Farming

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This expansive 2,613,600 square foot land parcel presents a unique opportunity in La Plata, New Mexico. Located at 1338 XXX Road, zip code 87418, this property offers ample space for a variety of uses, making it perfect for those seeking a large-scale project or a tranquil country setting. Situated in San Juan County, the property boasts a prime location with coordinates 36.9212261 latitude and -108.1665855 longitude. The asking price is $390,000. The substantial lot size provides endless possibilities, particularly for agricultural endeavors or those seeking a significant amount of land for personal use. The property's rural character offers a peaceful escape while still being conveniently located within the community of La Plata. This is an exceptional opportunity to acquire a large tract of land in a desirable New Mexico location. The property is classified as Land and is ready for its next chapter. Serious inquiries are encouraged to explore the potential of this remarkable property. The sheer size of this land parcel makes it an attractive investment for those seeking a substantial holding in a beautiful, rural setting.

    Property Features for 1338 Xxx Rd

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    La Plata
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1665855
    Latitude
    36.9212261

    Nearby Comparable

    • $193,000
      29.61 Acres

      La Plata Land with Views

      29.61 acres in La Plata, NM with unrestricted views.
      1420 Xxx Rd, La Plata, NM 87418
      View Details
    • $325,000

      69 Acres in La Plata

      Undeveloped land with development potential in La Plata, New Mexico.
      1330 Tract S2 Rd, La Plata, NM 87418
      View Details

    FAQs

    What type of property is this?
    Land - Spacious New Mexico Land - Ideal for Farming
    Where is this land located?
    The property is located at 1338 Xxx Rd La Plata, NM.
    What is the asking price?
    The asking price for this property is $390,000.
    Request Owner's contact information
    1338 Xxx Rd La Plata, NM 87418
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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
    1338 Xxx Rd La Plata, NM 87418
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