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    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
    AI Approach AI
    by Request
    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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