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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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