0 Tbd Silver Spg Rd, Rodeo, NM 88056
This exceptional 5-acre parcel is situated in the tranquil Sundance Subdivision, approximately 5 miles north of Rodeo, New Mexico. The property boasts a flat to gently sloping terrain, providing easy access from Silver Springs Boulevard, the main thoroughfare into the subdivision. Enjoy breathtaking panoramic views of the majestic Chiricahua Mountains to the west and the Peloncillo Range to the east. The Rodeo and Animas, NM area is renowned for possessing some of the darkest night skies in the continental United States, attracting astronomy enthusiasts globally. Utilities are conveniently located at the property's boundary, with underground telephone and DSL internet readily available. While a well and septic system would be necessary for full-time residency, the property offers significant potential. Subdivision Covenants, Conditions, and Restrictions (CCRs) stipulate that further subdivision is prohibited, along with full-time RV living and single-wide manufactured homes. However, temporary RV residency for up to one year is permitted while constructing a permanent site-built home. Embrace the serenity of this quiet, rural southwestern New Mexico location, abundant with wildlife and dramatic landscapes. Asking price is $12,000.
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
Property description
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No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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