100 Main St Corona, NM 88318
This exceptional 7,680-acre ranch in Lincoln County, New Mexico, presents a unique investment opportunity. Located near the Gran Quivira National Monument in the foothills of the Gallinas Mountains, this property boasts a rich history and abundant potential. The ranch features extensive cattle facilities, including comprehensive water systems, and top-quality improvements throughout the land. Hunting enthusiasts will appreciate the vast hunting prospects available on this expansive property. The centerpiece is a completely remodeled three-bedroom, three-bathroom lodge, offering modern comforts and amenities. This turnkey operation provides a tranquil retreat while maintaining the historic charm of the West. The property's size and improvements offer significant income potential, appreciation, and diverse land-use opportunities, making it a secure and prime investment. The asking price is $4,300,000. The address is 100 Main St, Corona, NM 88318. This deeded ranch land offers a blend of historical significance, modern conveniences, and exceptional recreational opportunities, making it an ideal investment for those seeking a unique and rewarding property in central New Mexico.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.