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Property profile & analytics
OFF-MARKET
Land

92 Frst Dr Rociada, NM 87742

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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