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Property profile & analytics
OFF-MARKET
Land

0 Elk Pass Loop Pie Town, NM 87827

13.65 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 13.65 ac (594,594 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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