6800 Nya Rd Waterflow, NM 87421
This exceptional 871,200 square foot vacant land parcel presents a unique investment opportunity in Waterflow, New Mexico. Situated near the PNM Power Plant, this approximately 20-acre tract offers significant potential for various development projects. The property is conveniently located at 6800 NYA ROAD, Waterflow, NM 87421, within the N 1/16 Sec 15-14. It's important to note that the property currently has no recorded rights of ingress and egress. However, given its proximity to Federal land managed by the Bureau of Land Management (BLM), securing a permit for access may be a viable option for potential buyers. This should be investigated independently and thoroughly before any purchase. The asking price for this expansive land parcel is $97,500. Prospective buyers are encouraged to conduct their own due diligence regarding access, zoning regulations, and potential development opportunities. The property's location near the PNM Power Plant could offer strategic advantages depending on the intended use. This is a raw land offering, and buyers should be prepared for the associated costs and responsibilities of developing the site. All information provided is believed to be accurate but should be independently verified.
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.