18 Overlook Dr, Placitas, NM 87043
This exceptional 5.35-acre (230,868 square foot) industrial land parcel, located at Lot 18 Overlook Drive, Placitas, NM 87043, presents a unique opportunity for development. Situated in Sandoval County, this undeveloped lot boasts breathtaking panoramic views, offering unparalleled peace and privacy while remaining conveniently close to local amenities and outdoor recreational activities. The property's expansive size allows for a wide range of industrial uses, subject to local zoning regulations. The address is specifically Lot 18 Overlook Drive. The asking price for this remarkable property is $45,000. Buyers are responsible for conducting their own due diligence regarding zoning, utilities, and any necessary permits for development. The latitude and longitude coordinates are 35.3079739, -106.4472441 respectively. This is an ideal location for those seeking a tranquil setting for their industrial project, combining seclusion with convenient access to local resources. The property is ready for your vision, offering a blank canvas to create a thriving industrial space. Serious inquiries only.
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.