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    OFF-MARKET
    Land

    34 Dream Catcher Rd, Fence Lake, NM 87315

    20 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20-acre property presents a unique opportunity in the tranquil Indian Knolls Subdivision of Fence Lake, New Mexico. Situated just south of Highway 36 in Cibola County, this land boasts a 12' x 30' cabin, perfect for a weekend getaway or a foundation for your dream home. While the property requires some cleanup and tender loving care, its inherent qualities are undeniable. Mature pinon trees provide natural beauty and shade, while expansive views add to the serene atmosphere. The quiet subdivision offers peace and privacy, free from the constraints of a homeowner's association. Utilities are conveniently located along the property line, with electricity and telephone readily accessible. The cabin is pre-wired for a solar system, showcasing a commitment to sustainable living. A water catchment system is already in place, providing a resourceful approach to water management. While a septic system is not currently installed, the groundwork is laid for future development. This 20-acre parcel in Fence Lake, NM, offers a blend of rustic charm and potential, making it an ideal investment for those seeking a peaceful retreat or a promising land opportunity in Cibola County. The property's zip code is 87315.

    Property profile
    Verified
    Property type Land
    Lot 20 ac (871,200 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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    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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