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    OFF-MARKET
    Land

    0 Tbd Nm Hyw-80 Hwy, Rodeo, NM 88056

    120 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 120 ac (5,227,200 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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