44 Road 3595 Flora Vista, NM 87415
This exceptional 2.5-acre parcel in Flora Vista, New Mexico, presents a unique opportunity for discerning buyers. Priced at $36,900, this property boasts breathtaking panoramic mountain and valley views. While building on the hillside presents some challenges, the stunning vistas more than compensate. The lot size is 87,120 square feet, offering multiple potential building sites. A significant advantage is the pre-existing driveway, saving considerable time and expense. Located in San Juan County, with the zip code 87415, the property's address is 44 Road 3595. Its proximity to Farmington Lake, and the relative closeness to Durango and Farmington, adds to its appeal. The property is subject to strict covenants, ensuring the preservation of its value and aesthetic appeal. Please note that only site-built homes are permitted. This is a rare chance to acquire a substantial piece of land with incredible views at an attractive price point of under $15,000 per acre. Don't miss this opportunity to build your dream home in a desirable location.
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.