2 Tbd Morrow Dr Thoreau, NM 87323
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.
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
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.