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    TBD-2 Crk 51 Rd Las Vegas, NM 87701
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    Property profile & analytics

    TBD-2 Crk 51 Rd Las Vegas, NM 87701


    • Land
    • 2,578.00 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for TBD-2 Crk 51 Rd

    Lot size
    2,578.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 2,578-acre ranch near Las Vegas, New Mexico, presents a unique investment opportunity. Located in San Miguel County (zip code 87701), the property boasts diverse terrain, ranging from open meadows to rimrock canyons and dense forests of ponderosa, cedar, and juniper trees. Las Cuevas, Isidio, Santiago, and Higgins Canyons traverse the land, providing natural shelter for both livestock and wildlife. The ranch historically supported cattle grazing, aided by abundant gramma grass and several dirt tanks. A centrally located solar-powered stock well provides water to select areas. The property's accessibility is enhanced by a network of trails and internal roads. Bordering 920 acres of state land (leased for grazing until September 2028) and the 29,000-acre Sabinoso Wilderness, this location offers unparalleled privacy and recreational potential. Situated in NM GMU 42, the ranch offers excellent hunting opportunities for elk, mule deer, turkey, and black bear, with over-the-counter, unlimited elk tags available. The modest elevation and terrain make the entire property easily accessible. This is a remarkable opportunity for those seeking a secluded, expansive ranch with abundant wildlife and recreational possibilities. The asking price is $2,850,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.224
    Latitude
    35.594
    More about this property
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