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Property profile & analytics
OFF-MARKET
Land

108 Pima Dr Quemado, NM 87829

20.25 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.25-acre property, encompassing lots 126 and 129, presents a unique opportunity in the tranquil Indian Springs Subdivision near Quemado, New Mexico. Situated at the end of a quiet cul-de-sac, the land boasts stunning southerly views enhanced by the elevation change. The property is predominantly covered with pinon pine and juniper trees, creating a picturesque setting. A 12' x 16' cabin is included, though it requires cleaning and some tender loving care; it is sold as-is. The cabin features a wood-burning stove. Utilities are conveniently located nearby, with electricity and telephone service readily accessible. The property benefits from the Land Owners' Association, responsible for maintaining subdivision roads. Detailed covenants are available upon request. This is an ideal location for those seeking a peaceful mountain retreat or a unique investment opportunity in Western New Mexico. The asking price for this remarkable parcel is $40,000. The property's address is 108 Pima Drive, Quemado, NM 87829.

Property profile
Verified
Property type Land
Lot 20.25 ac (882,090 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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CAP Approach CAP
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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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