TBD-2 Crk 51 Las Vegas, NM 87701
This exceptional 1,935-acre ranch, located in San Miguel County, New Mexico, near Las Vegas, presents a unique investment opportunity. The property, identified as TBD-2 CR 51, is ideally suited for both cattle ranching and hunting pursuits. Its expansive acreage provides ample space for grazing livestock and diverse wildlife habitats. The land is situated at 35.5939574 latitude and -105.2238868 longitude, offering convenient access via CR 51. The asking price for this substantial property is $2,300,000. Given its size and location in the desirable Las Vegas, NM area (zip code 87701), this ranch represents a compelling acquisition for those seeking a significant landholding with established uses. The property's potential extends beyond its current applications, offering opportunities for further development and diversification. Detailed surveys and assessments are recommended to fully explore the property's potential. Serious inquiries are encouraged to schedule a viewing and discuss the specifics of this remarkable land opportunity. This is a rare chance to own a substantial piece of New Mexico's landscape, combining the best of rural living with significant investment potential. The property is being offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.