Nm - 603 Rd Pie Town, NM 87829
- Land
- 3,625.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Nm - 603 Rd
- Lot size
- 3,625.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 3,625-acre property, known as Panther Canyon Ranch, presents a unique investment opportunity in Catron County, New Mexico. The ranch boasts 1,280 acres of deeded land, complemented by a 2,185-acre BLM lease and a 160-acre state land lease, offering expansive possibilities. Situated south and east of NM Highway 36 and State Road 603, at the base of Mariano Mesa, the land showcases a diverse landscape of meadows, trees, mountains, and mesas. Water sources include one solar well and one windmill, providing sufficient water for livestock and wildlife. The property features remarkable rock formations within Panther Canyon, and offers breathtaking views from virtually every vantage point. Located in Game Unit 12, renowned for trophy elk and exceptional hunting, the ranch is frequented by elk, mule deer, and pronghorn. The property has historically been included in a family landowner tag program; however, the new owner will need to apply for their own tags. The sale includes BLM grazing allotments 10068 and 00090, along with State lease GR 14430. Access is via an existing two-track road traversing state land. Offered at under $800 per deeded acre, this is a remarkable opportunity to own a substantial and secluded New Mexico ranch. The asking price is $999,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pie Town
- County
- Catron
- State
- New Mexico
- Longitude
- -108.253
- Latitude
- 34.4348