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Property profile & analytics
OFF-MARKET
Land

2 Tbd Morrow Dr Thoreau, NM 87323

Property ID
Property summary
AI-generated overview

This .34-acre lot in the serene Bluewater Estates of Thoreau, New Mexico (87323), offers an exceptional opportunity to build a primary residence or a tranquil vacation retreat. Located on LOT 2 Tbd Morrow Drive, McKinley County, this property boasts convenient proximity to the stunning Bluewater Lake, perfect for fishing, boating, hiking, and picnicking. Enjoy easy access via well-maintained roads, ensuring smooth travel year-round. Electricity is readily available nearby, simplifying the development process. The lot is nestled within the natural beauty of New Mexico, providing peace, privacy, and gorgeous views. This is an ideal investment for those seeking a slice of tranquility near one of New Mexico's hidden gems. The property's latitude and longitude coordinates are 35.3023238, -108.1483391 respectively. This exceptional location presents endless possibilities for building your forever home, a vacation escape, or simply securing a valuable land investment. Don't miss this chance to own a piece of paradise in Bluewater Estates.

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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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