0 Westside Way Rd, Fence Lake, NM 87315
This expansive 291-acre property in Cibola County, New Mexico, presents a unique opportunity for outdoor enthusiasts and investors alike. Located near Fence Lake, this unrestricted rural land boasts beautiful grassy meadows and heavily wooded areas, offering stunning views from the mesa's edge. The property borders Bureau of Land Management (BLM) land, adding to its vastness and recreational potential. A seasonal pond provides a natural water source. Ideal for hunting, the ranch is situated in New Mexico Big Game Hunting Unit 12, known for trophy elk and mule deer. The current owner holds a rifle bull elk permit for the 2024-2025 hunting season, a significant advantage for the buyer. Several attractive off-grid building sites are available, making it perfect for a secluded homestead or recreational retreat. The property is approximately four miles south of Fence Lake, offering a peaceful escape while remaining relatively accessible. Given the scarcity of properties of this size, this represents a rare and valuable acquisition. The asking price is $349,200. The zip code is 87315.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.