Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6-Acre Irrigated Land in Veguita Title is generated by Realmo AI

    Camino Ulibarri, Veguita, NM 87062

    View on Map
    Claim this Listing
    For Sale
    $362,100

    LAND - Veguita, NM

    Lot size:
    6.04 Acres
    Added:
    Mar 6, 2026
    Days on Market:
    75
    Last Refresh:
    May 20 at 9:06 am

    Property Features for Camino Ulibarri

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    039004003701
    Lot size
    6.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    45

    We can help!

    Listing Contact
    Clarissa Chavez-Rivera
    Clarissa Chavez-Rivera

    Listing agent Clarissa Chavez-Rivera License #11406

    Listing office Gerald Chavez Realty Inc 511 Highway 314 SW, Los Lunas, NM

    Listing date Mar 6, 2026

    MLS# 1099411 Listing URL

    Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 6‑acre irrigated property with valuable pre‑1907 water rights.
    • Ideal location to establish a dream home.
    • Breathtaking views.
    • Quiet and serene setting.
    • Incredible wildlife viewing.
    • Electricity nearby.

    Overview

    This 6.04-acre irrigated property in Veguita, New Mexico, offers valuable pre-1907 water rights. The land is presented as an ideal location for establishing a home, featuring views and a quiet, serene setting with wildlife viewing opportunities. Electricity is located nearby. The property is located on Camino Ulibarri in Veguita, Socorro County, New Mexico, with postal code 87062.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Veguita
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.790456
    Latitude
    34.462549

    Nearby Similar for Sale

    • $1,800

      Land in Rio Grande Estates

      One acre of land in a tranquil, affordable setting.
      Isabel Avenue, Veguita, NM 87062
      View Details
    • $80,000

      Ranchos De Veguita 10-Acre Lot

      10-acre lot with utilities ready for building or agriculture.
      81 Wallner Drive, , NM 87062
      View Details
    • $5,000

      Land in Veguita, New Mexico

      5-acre land parcel in Veguita, Socorro County.
      Ingresso Drive lot: 23, Veguita, NM 87062
      View Details
    • $35,000

      Two 5-Acre Tracts Available

      Two 5-acre tracts with paved street and overhead power lines.
      WALLNER Drive, Veguita, NM 87062
      View Details
    • $120,000

      Expansive Land with Breathtaking Views

      Large acreage near amenities, ideal for estate or development.
      ranchos de veguita 14 lot 4b, Veguita, NM 87062
      View Details
    • $17,500

      5 Acre Tract in Veguita

      5-acre tract with paved street and overhead power lines.
      WALLNER Drive, Veguita, NM 87062
      View Details
    • $1,800

      Land in Rio Grande Estates

      Land offering tranquility, affordability, and stunning views in Veguita.
      Orlando Avenue, Veguita, NM 87062
      View Details
    • $13,322

      Land in Veguita, New Mexico

      3.5 acres of land in a peaceful rural setting.
      Granillo Road Lot 14, Veguita, NM 87062
      View Details
    • $8,546

      Land in Veguita, New Mexico

      2.25 acres of land in a peaceful rural setting.
      Granillo Road Lot 17, Veguita, NM 87062
      View Details
    • $12,600

      Land in Veguita, New Mexico

      3.3 acres of land in a peaceful rural setting.
      Granillo Road Lot 15, Veguita, NM 87062
      View Details
    • $9,610

      Land in Veguita, New Mexico

      2.53 acres of land in a peaceful rural setting.
      Granillo Road Lot 22, Veguita, NM 87062
      View Details
    • $11,837

      Land in Veguita, New Mexico

      3.12 acres of land in a peaceful rural setting.
      Granillo Road Lot 21, Veguita, NM 87062
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 6-acre irrigated land with pre-1907 water rights, ideal for home.
    Where is this agricultural land / farmland located?
    The property is located at Camino Ulibarri Veguita, NM.
    What is the asking price?
    The asking price for this property is $362,100.
    What are key features of this property?
    This property features: 6‑acre irrigated property with valuable pre‑1907 water rights.; Ideal location to establish a dream home.; Breathtaking views.
    (505) 450-6682
    We can help!
    Listing Contact
    Clarissa Chavez-Rivera
    Clarissa Chavez-Rivera
    Real Estate License ID: 11406
    Learn More
    Request Owner's contact information
    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.
    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Camino Ulibarri, Veguita, NM 87062
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!