11 Camino Real Rd Grants, NM 87020
- Land
Current Use by Public Records
- Land
Property Details for 11 Camino Real Rd
- Property type
- Land
Description
This exceptional 21,780 square foot lot presents a unique investment opportunity in Grants, New Mexico. Located at 11 Camino Real Road, zip code 87020, this half-acre parcel offers significant potential. The property includes an older home, which is considered uninhabitable and is being sold as-is. However, the presence of a well on the property significantly enhances its value. This well requires only minimal repairs to become fully functional, providing a valuable resource for future development. The lot's substantial size provides ample space for various projects, from residential construction to potential commercial ventures. Situated in Cibola County, this property benefits from its location in Grants, offering convenient access to local amenities and services. The asking price of $22,000 represents an attractive entry point into the New Mexico real estate market. This is a rare opportunity to acquire a sizable lot with existing infrastructure at a highly competitive price. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Cubero, NM.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grants
- County
- Cibola
- State
- New Mexico
- Longitude
- -108.001
- Latitude
- 34.9452
