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4X Road 1191 La Plata, NM 87418

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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