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Property profile & analytics
OFF-MARKET
Land

142 French Mesa Rd Gallina, NM 87017

Property ID
Property summary
AI-generated overview

This exceptional 3,267,000 square foot ranch in Gallina, New Mexico, presents a unique investment opportunity. Located at 142 French Mesa Road, this property boasts convenient access to Highway 96, just a three-minute drive from the highway entrance. The land is situated only one mile from the popular Papa Joe's eatery, offering a desirable proximity to local amenities. A 30-minute drive takes you to Cuba, NM, while Albuquerque is approximately 1.5 hours away. The property features remnants of the former Duke City Lumber Co. foundation, and a pond (currently dry). Utilities are readily available, with electricity at the property line and a previously active well still in place. This versatile land offers numerous possibilities, including a potential glamping site, given its size and location. The property's address is 142 French Mesa Road, Gallina, NM 87017. The asking price for this expansive ranch is $324,999. This is a rare chance to own a substantial piece of Northern New Mexico land with significant potential. The property is zoned as a farm and ranch.

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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CAP Approach CAP
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Comparable Approach Comparable
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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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