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    OFF-MARKET
    Land

    221 El Caso Rd, Quemado, NM 87829

    1.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.5-acre lot is situated in the desirable Quemado Lake Estates gated community in Catron County, New Mexico, at 221 El Caso Road, zip code 87829. Boasting stunning views of Escondido Mountain, this property offers a tranquil escape with the convenience of readily available water and electricity. The asking price is $37,500, and owner financing is being offered, making this an attractive opportunity for buyers. Quemado Lake Estates is known for its meticulously maintained roads, providing easy access to this peaceful location. Enjoy cool summers and mild winters, making it ideal for year-round living or seasonal getaways. The community benefits from a five-bay volunteer fire department, a community library, and a private water association renowned for its high-quality water and strategically placed fire hydrants within 500 feet of each property. Surrounded by the beauty of the National Forest and just a short distance from the Quemado Lake Recreational Area, this property presents a unique blend of seclusion and convenience. This is a rare opportunity to own a piece of this serene New Mexico landscape.

    Property profile
    Verified
    Property type Land
    Lot 1.5 ac (65,340 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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