0 2.07 Acres Nm 3 Rd Ribera, NM 87583
This exceptional 2.07-acre property presents a unique opportunity in the desirable El Valle region of New Mexico, just north of Villanueva. Located on NM 3 Road, this land boasts a gated entrance for enhanced privacy and security. Two sides of the property are bordered by BLM land, offering a sense of seclusion and expansive natural surroundings. A striking sandstone wall greets you upon entry, adding to the property's aesthetic appeal. The elevated position provides breathtaking 360-degree views of the picturesque landscape. The Pecos River is conveniently located across NM 3. While electricity is readily accessible nearby, prospective buyers should note that septic and well installation will be required. El Valle benefits from a favorable microclimate, and much of the surrounding land is dedicated to agricultural uses. The nearby village of Villanueva offers essential amenities including two small grocery stores, a church, a farmers market, a community center, and a food pantry. Villanueva State Park, just a short distance away, provides recreational opportunities such as camping, fishing, hiking, and wildlife viewing. This property is ideal for those seeking a tranquil escape with stunning views and convenient access to local amenities. The asking price for this remarkable parcel is $67,500. Don't miss this chance to own a piece of New Mexico's natural beauty.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
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Property description
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