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    2.07 Acres Nm 3 Rd Ribera, NM 87583

    • Land
    • 2.07 lot acres
    For Sale
    View listing
    $67,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 2.07 Acres Nm 3 Rd

    Lot size
    2.07 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ribera
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.389
    Latitude
    35.2283

    Comparable in this City

    • Value Estimation by Request
      14.98 Acres

      Villanueva, NM 87583

      COMMERCIAL (GENERAL) • 14.98 Acres
      Villanueva, NM 87583
      View Details
    • Value Estimation
      $380,000
      0.35 Acres

      Villanueva, NM 87583

      COMMERCIAL (GENERAL) • 0.35 Acres
      Villanueva, NM 87583
      View Details

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    Ribera, NM 87583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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