7B Moon Dance Rnch Rd Las Vegas, NM 87701
This exceptional 40-acre parcel, part of the Moondance Ranch Subdivision in San Miguel County, New Mexico, presents a unique opportunity. Located approximately 20 miles southwest of Las Vegas, NM, this property boasts breathtaking views of Apache Mesa and Starvation Peak. Conveniently accessible via a driveway off US 84, the land offers a blend of level and hilly terrain. The front portion, bordering the US 84 right-of-way, is level and already fenced, providing an ideal area for immediate development. As you move westward onto the property, the terrain gently slopes into rolling hills, creating numerous potential building sites. The asking price for this expansive tract is $80,000. The property's address is Tract 7B Moon Dance Ranch Road, Las Vegas, NM 87701. With its combination of accessibility, scenic beauty, and diverse topography, this land is perfect for those seeking a tranquil retreat or a unique development opportunity in a desirable New Mexico location. The lot size is 40 acres.
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.