0 Ponderosa Rnch Trl Rd, Pie Town, NM 87827
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.