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    OFF-MARKET
    Land

    92 Northern Rd, Quemado, NM 87829

    197.68 ac lot
    Property ID
    Property summary
    AI-generated overview

    This expansive 197.68-acre ranch in Catron County, New Mexico, presents a unique opportunity for diverse uses. Located at 92 Northern Road, Quemado, NM 87829 (34.2936515, -108.6175626), this largely undeveloped property boasts gentle rolling terrain, scattered pinon and juniper trees, and abundant native grasses. Bordering BLM and State Trust Land on three sides, the land is accessible via numerous existing roads, allowing for vehicle travel along its entire perimeter. The average elevation is 7464 feet, ranging from 7300 to 7400 feet. This sizable parcel is one of the last large privately owned tracts in the area, offering exceptional seclusion from neighbors. Potential uses include a private retreat, development, a remote cabin, or a camping destination. Its size and proximity to public lands make it ideal for outdoor enthusiasts. Situated in New Mexico Game and Fish Game Unit 12, known for excellent elk hunting, the property is near the San Francisco Mountains, The Mesita, and Eagle Peak Wilderness, providing ample hunting opportunities. The asking price for this remarkable property is $217,800.

    Property profile
    Verified
    Property type Land
    Lot 197.68 ac (8,610,941 SF)
    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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