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    OFF-MARKET
    Land

    0 Overlook Dr, Placitas, NM 87043

    1.96 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.96-acre residential lot, identified by APN 1025073415130, presents a unique opportunity in the prestigious Overlook subdivision of Placitas, New Mexico. Priced at $168,000, this property boasts commanding views of the Sandia Mountains, Santa Fe, Jemez Mountains, Cabazon, and the Rio Grande Valley. Zoned R-1, the lot is ready for your dream home. Its convenient location offers easy access to amenities while maintaining a sense of seclusion. The Overlook provides a tranquil setting, yet is only 5.7 miles from Interstate 25, ensuring effortless commutes and connectivity. This parcel is situated on Overlook Drive in Placitas, Sandoval County, New Mexico, 87043. The expansive acreage provides ample space for a custom home and potential landscaping, maximizing the breathtaking panoramic vistas. This is an exceptional opportunity to build your dream home in a highly desirable location. Don't miss this chance to own a piece of Placitas' stunning landscape.

    Property profile
    Verified
    Property type Land
    Lot 1.96 ac (85,378 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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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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