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Property profile & analytics
OFF-MARKET
Land

0000 Rr Portales, NM 88130

622 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 622-acre land parcel presents a compelling investment opportunity in Roosevelt County, New Mexico. Located near Portales, NM, with the address 0000 S Rr W, zip code 88130 (latitude 34.1129091, longitude -103.4224663), this expansive property offers significant potential for various uses. The land is currently fenced with barbed wire, providing a degree of security and defining the boundaries. A key feature is an existing well equipped with a ½ horsepower pressure pump, offering a valuable water source. The asking price for this substantial land holding is $389,900. Given its size and existing infrastructure, this property is well-suited for a range of agricultural, recreational, or development projects. The property's location in Roosevelt County provides access to local amenities and transportation networks. Further details regarding the property's zoning and potential uses are available upon request. This is a rare opportunity to acquire a large tract of land in a desirable location, offering considerable potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this unique property. Contact us today to schedule a viewing and discuss the potential of this remarkable land offering.

Property profile
Verified
Property type Land
Lot 622 ac (27,094,320 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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