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    OFF-MARKET
    Land

    0 Westside Way Rd, Fence Lake, NM 87315

    291 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 291 ac (12,675,960 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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