1070 Bar Y Rd Santa Rosa, NM 88435
This exceptional 41.5-acre property, comprised of three contiguous lots (Parcels 18, 19, and 20) within the Hollywood Ranch Subdivision in Santa Rosa, New Mexico, presents a unique investment opportunity. The land offers convenient perimeter road access, ensuring easy accessibility. Essential utilities are readily available, with community water and electricity already in place. Its strategic location provides quick access to both the city of Santa Rosa and Interstate 40, enhancing its appeal for various development possibilities. Parcel 18, situated on the southwest corner, extends across Bar Y Road, although a small 0.034-acre section near the road is reserved for the Hollywood Ranch Water Association pumping station. A portion of a neighboring parcel's driveway crosses the northeast corner of Parcel 18. The asking price for this expansive land parcel is $85,000, making it an attractive proposition for investors seeking a substantial land holding in a desirable New Mexico location with convenient access to major transportation routes and essential services. The property's zip code is 88435, and it is located in Guadalupe County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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