44 Avenida Securidad Ave Rociada, NM 87742
This exceptional 21,780 square foot lot is nestled high in the mountains of the Pendaries Subdivision in Rociada, New Mexico, zip code 87742. Located at Lot 44 Avenida Securidad Avenue, this property offers a tranquil setting amidst a Ponderosa pine forest. The Pendaries Subdivision boasts an 18-hole golf course and other amenities for residents to enjoy. 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. The property is subject to the covenants and restrictions of the Pendaries Subdivision. It's important to note that the Pendaries area was impacted by the Calf Canyon/Hermit's Peak fire. While the listing photo depicts a view within Pendaries, it is not a photograph of this specific lot. This presents a unique opportunity to acquire a piece of land in a desirable mountain community with established infrastructure and amenities. The asking price for this remarkable property is $5,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.