0 Elk Pass Loop, Pie Town, NM 87827
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.
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.