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    OFF-MARKET
    Land

    0 Bobcat Ln, Ramah, NM 87321

    20 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20-acre property in El Morro, New Mexico, presents a unique opportunity. Situated in the gated El Morro Ranches community off Bobcat Lane, this parcel boasts approximately 950 feet of road frontage. The land is largely flat with minimal trees, reducing site preparation costs for building a home or hunting cabin. Electricity is available at the lot line, and the property has been surveyed and staked. Fencing is in place along the eastern, southern, and western borders. The community offers two private gated entrances to the Cibola National Forest, exclusively for landowners. Access is controlled via a gated entrance off Highway 53 and a private code-access gate. Zoned rural residential, the property allows livestock and has subdivision potential (minimum 5-acre lots). Mobile homes are permitted, subject to size (minimum 864 sq ft) and age (maximum 10 years old). This is a must-see property for those seeking a peaceful, private, and conveniently located land parcel in beautiful New Mexico.

    Property profile
    Verified
    Property type Land
    Lot 20 ac (871,200 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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    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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