000 Spokan Rd Lake Arthur, NM 88253
This exceptional 20-acre property located at 000 Spokan Road, Lake Arthur, NM 88253, presents a unique opportunity for those seeking ample space and development potential in Chaves County. Priced at $90,000, this expansive land parcel offers a blank canvas for various projects. Imagine building your custom home, installing a manufactured home, or exploring other possibilities. The generous lot size provides ample room for expansion and future development. The property's location in Lake Arthur, New Mexico, offers a tranquil setting while remaining conveniently accessible. With its 20 acres of land, this property is ideal for those seeking privacy, space for recreational activities, or a significant investment opportunity. The latitude and longitude coordinates are 33.0117517, -104.3653898, respectively. This is a rare chance to acquire a substantial piece of land in a desirable location. Don't miss this chance to own a piece of New Mexico. The property is classified as land and is ready for its next chapter. Serious inquiries are encouraged.
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.