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    OFF-MARKET
    Land

    4X Road 1191, La Plata, NM 87418

    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.75-acre parcel, encompassing 174,240 square feet, presents a unique opportunity in La Plata, New Mexico. Situated on a hilltop, the property boasts breathtaking views and a tranquil setting, approximately 10 miles from Farmington, off La Plata Highway near the Colorado border. The land offers significant potential for building a custom home or establishing a dwelling on a permanent foundation. While a septic system will be required, electricity is available, and the La Plata Water Users Line is currently being installed along the road. Future homeowners will need to obtain a water meter. Enjoy the privacy afforded by the Bureau of Land Management (BLM) land bordering the property to the west, ensuring no immediate neighbors to the rear. The seller is open to negotiating short-term owner financing with a reasonable down payment and is also willing to discuss land/home package options. This is an ideal location for those seeking a peaceful, secluded setting with convenient access to Farmington. The property is located at 4X Road 1191, La Plata, NM 87418. The asking price for this remarkable property is $110,000.

    Property profile
    Verified
    Property type Land
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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