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    Land

    42670 Tract 3 Rd, Navajo Dam, NM 87419

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    Property summary
    AI-generated overview

    This exceptional 21-acre island property, located at TRACT 3 ROAD 42670, Navajo Dam, NM 87419, presents a rare investment opportunity. Priced at $950,000, this expansive 914,760 square foot parcel is completely surrounded by the San Juan River, offering unparalleled privacy and access to world-class fly fishing. The property's unique island setting provides a blank canvas for a variety of development possibilities. Imagine building a luxurious lodge, your dream home, or even a thriving RV park. The possibilities are limited only by your imagination. The location in San Juan County, New Mexico, offers a tranquil escape while still being accessible. This is a truly remarkable opportunity to own a piece of paradise, a unique island retreat with exceptional potential. The property's size and riverfront location make it ideal for a variety of uses, from a private residential estate to a commercial venture. The latitude and longitude coordinates are 36.8076845, -107.6981203. Don't miss this chance to acquire this one-of-a-kind island property.

    Property profile
    Verified
    Property type Land
    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
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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