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    OFF-MARKET
    Land

    0 Ponderosa Rnch Trl Rd, Pie Town, NM 87827

    296.03 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 296.03-acre farm property in Catron County, New Mexico, presents a unique investment opportunity. Located in the Ponderosa Ranches Subdivision along the Continental Divide in the mountains of western New Mexico, this expansive land parcel offers breathtaking views and abundant recreational possibilities. The property comprises four parcels (Lots 9A, 10A, 9B, and 10B) with various purchase combinations available at discounted prices. Individual parcel sizes range from 42 acres to 105.58 acres, offering flexibility for buyers. Electricity is accessible at the southwest corner of Lot 10A. Each parcel boasts potential homesites, providing ample space for building. Year-round access is ensured via its location east of York Ranch Road. Lots 9B and 10B share a border with a large ranch to the east. This property is situated within Big Game Hunting Unit 13, making it ideal for outdoor enthusiasts. The property's covenants are available upon request. The asking price for the entire 296.03-acre property is $250,000, making it an attractive proposition for those seeking a substantial rural landholding in a stunning New Mexico setting. The zip code is 87827, and the property is located near Pie Town.

    Property profile
    Verified
    Property type Land
    Lot 296.03 ac (12,895,067 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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