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    OFF-MARKET
    Land

    17 Jones Rnch Rd, Vanderwagen, NM 87326

    80.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 80.3-acre land parcel presents a unique investment opportunity in Vanderwagen, New Mexico. Located on Lot 17 Jones Ranch Road, McKinley County, this property boasts a desirable location south of Gallup. The land has already been cleared, significantly reducing development costs and expediting the construction process. A key advantage is the existing infrastructure: electricity is readily available, and an NTUA water line runs through the southwest corner of the property, providing convenient access to water utilities. This translates to substantial cost savings and streamlined development. Furthermore, there's potential for expansion, with an additional 200 acres of adjoining land available for acquisition, offering significant growth potential. The property's zoning and permitted uses should be independently verified. The asking price for this 80.3-acre tract is $96,360. This represents a compelling value proposition for developers seeking a well-situated, ready-to-build site in a growing area. The property's precise location is 35.3068059 latitude, -108.766845 longitude, with a zip code of 87326. Serious inquiries are encouraged to explore this promising land development opportunity.

    Property profile
    Verified
    Property type Land
    Lot 80.3 ac (3,497,868 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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