92 Frst Dr Rociada, NM 87742
This exceptional 15,246 square foot lot is situated in the desirable Pendaries Subdivision in Rociada, New Mexico, zip code 87742. Located at Lot 92 West Forest Drive, this property offers a tranquil setting amidst a Ponderosa pine forest, high in the mountains. The asking price is $5,000. The Pendaries Subdivision boasts an 18-hole golf course and other amenities. The annual Pendaries Homeowners Association (HOA) assessment covers essential services including water, year-round road maintenance, and weekly trash pickup. Additionally, the Rociada Townhouse Association assessment provides insurance for buildings, roof repair and replacement as needed, lawn mowing, and common area maintenance. Note that there are covenants and restrictions within the Pendaries Subdivision. It's important to be aware that the Pendaries area was impacted by the Calf Canyon/Hermit's Peak fire. While the provided photograph is from Pendaries, it does not specifically depict this lot. Buyers are encouraged to conduct their own due diligence regarding the property's condition and any potential lingering effects from the wildfire. This is a remarkable opportunity to own a piece of this beautiful New Mexican landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.