0000 Button Mesa Rd Tatum, NM 88114
This exceptional 200-acre property, located in Lea County, New Mexico, near Tatum, presents a unique investment opportunity. Situated at the crossroads of Button Mesa Road and McMuffin Road (coordinates: 33.48466, -103.65398), this expansive land parcel offers endless possibilities. Priced affordably at $70,000, it's perfect for those seeking a family getaway, an off-grid homestead, a hunting retreat, or a personal off-road recreational area. The property is currently sold as three-quarters surface rights, meaning there is one other owner holding a one-quarter interest in the land and any improvements upon it. It's important to note that mineral and water rights are not included in this sale. The land is conveniently located just north of Caprock, providing easy access while maintaining a sense of seclusion. This is a rare chance to acquire a significant amount of land in a desirable New Mexico location at a highly competitive price. The property's address is 0000 Button Mesa Road, Tatum, NM 88114. The zip code is 88114.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.