61 Bobcat Ln, Ramah, NM 87321
This exceptional 20.03-acre property is nestled within the exclusive, gated community of El Morro Ranches, offering unparalleled privacy and tranquility. Situated in Cibola County, New Mexico, with the address of Lot 61 Bobcat Lane, zip code 87321, this land boasts a beautiful, treed landscape, perfect for building a home or establishing a peaceful weekend retreat. The property is conveniently located adjacent to BLM land, providing ample opportunities for outdoor recreation. While the existing access road requires some clearing, it presents an easily manageable project to ensure convenient access to your future haven. The gated community ensures a high level of privacy and security, with a private gate code restricting access to residents only. Wildlife abounds in this area, with elk and deer frequently sighted, adding to the serene and natural beauty of the surroundings. This is a rare opportunity to own a significant piece of land in a desirable, secluded location. The asking price for this remarkable property is $50,000. Don't miss your chance to own this peaceful escape.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.