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Property profile & analytics
OFF-MARKET
Land

0 Tbd Lobo Cyn Rd Grants, NM 87020

640 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 640-acre parcel of land presents a unique investment opportunity in Cibola County, New Mexico. Located off Lobo Canyon Road, this expansive property boasts stunning natural surroundings. One border is adjacent to the Borders Bureau of Land Management (BLM) land, while the other shares a boundary with the Cibola National Forest, offering unparalleled access to outdoor recreation and breathtaking views. Lobo Canyon Road, a paved road, provides convenient access to the property and leads towards Mt. Taylor. The property's substantial size offers considerable development potential, suitable for a variety of uses, subject to local zoning regulations and permitting. The asking price for this remarkable land is $1,280,000. The address is listed as TBD Lobo Canyon Road, Grants, NM 87020. This is a rare chance to acquire a significant landholding in a desirable location with exceptional natural beauty and potential for future development. Buyers are advised to conduct their own due diligence regarding zoning, permitting, and potential uses. The property is situated at latitude 35.2030667 and longitude -107.7512835.

Property profile
Verified
Property type Land
Lot 640 ac (27,878,400 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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