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    Elk Pass Loop Pie Town, NM 87827

    • Land
    • 13.65 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Elk Pass Loop

    Lot size
    13.65 lot acres
    Property type
    Land

    Description

    This exceptional 13.65-acre parcel in Catron County, New Mexico, presents a unique opportunity for land acquisition near Pie Town. Located less than three miles from Highway 60, this property boasts convenient year-round access, although a four-wheel-drive vehicle is recommended during inclement weather. Enjoy breathtaking south-facing views and the natural beauty of the surrounding landscape, shaded by abundant pinon pine and juniper trees, offering excellent privacy. Utilities are readily available, with electricity and telephone lines extending to the property boundary. Furthermore, the property includes an existing well equipped with a pump, ready for connection to the electrical system. A recent well inspection, conducted using a generator, confirms its functionality. The asking price for this remarkable property is $35,000. The property's address is Elk Pass Loop, Pie Town, NM 87827. This location provides good cell phone coverage.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pie Town
    County
    Catron
    State
    New Mexico
    Longitude
    -108.149
    Latitude
    34.3123

    Comparable in this City

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      148.69 Acres

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      40.00 Acres

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      20.00 Acres

      0000 1 Goat Rnch Rd

      Farms • 20.00 Acres
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      17.51 Acres

      89 Ponderosa Vw Loop

      Land • 17.51 Acres
      89 Ponderosa Vw Loop, Pie Town, NM 87827
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    • Value Estimation by Request
      296.03 Acres

      Ponderosa Rnch Trl Rd

      Farms • 296.03 Acres
      0 Ponderosa Rnch Trl Rd, Pie Town, NM 87827
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    • Value Estimation by Request
      20.00 Acres

      0000 Goat Rnch Rd

      Land • 20.00 Acres
      0000 Goat Rnch Rd, Pie Town, NM 87827
      View Details

    Similar Nearby for Sale

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    • $69,900
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      15.72 Acres Pie Town Land

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    • $50,000
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    Elk Pass Loop
    Pie Town, NM 87827
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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
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