Property summary
This exceptional 1.998-acre commercial and/or residential lot presents a unique investment opportunity in Aztec, New Mexico. Situated conveniently north of Aztec and south of the New Mexico/Colorado border, this property (Lot 4) offers unparalleled access to both states. The location is less than four miles from the Colorado state line, providing easy access to regional markets and transportation routes. The land is ideal for a variety of uses, including commercial or industrial development, or residential construction. This versatile parcel allows for the construction of stick-built homes, manufactured homes, or modular homes, making it suitable for diverse development plans. An adjacent parcel, Lot 3, is also available for purchase, providing the potential for expansion or a larger development project. The combined acreage of both lots offers significant potential for a substantial commercial or industrial enterprise, or a sizable residential community. This property is priced competitively at $59,000, representing a compelling value in a desirable location. The proximity to Colorado and the flexibility of permitted uses make this a truly exceptional opportunity for discerning investors and developers. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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