Tbd Nm Hyw-80 Hwy Rodeo, NM 88056
- Land
- 120.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Tbd Nm Hyw-80 Hwy
- Lot size
- 120.00 lot acres
- Property type
- Land
Description
This exceptional 120-acre parcel presents a unique investment opportunity near Rodeo, New Mexico. Situated adjacent to the New Mexico/Arizona border on its western edge, and at the junction of NM Hwy-80 and NM Hwy-9 on the east, this property offers unparalleled versatility. The land is unrestricted, allowing for commercial or residential development, or a combination of both. Subdivision potential exists, making it ideal for multiple buyers or phased development. Enjoy breathtaking views of the surrounding mountain ranges and abundant desert wildlife. Access is ensured year-round via all-weather roads. Existing infrastructure includes a domestic well and fencing on two sides. Promising building sites are available, with electricity and phone/internet readily accessible at the property boundary. The area boasts a moderate climate, making it attractive year-round. Its proximity to Rodeo, NM and Portal, AZ, adds to its appeal. Known for its biodiversity and exceptionally dark night skies, this location has drawn astronomers worldwide. The asking price makes this a compelling opportunity for a private retreat, equestrian property, or various business ventures such as a bed and breakfast, glamping site, RV park, or astronomy club.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rodeo
- County
- Hidalgo
- State
- New Mexico
- Longitude
- -109.031
- Latitude
- 31.8367
