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    Land

    4000 Xx Rd, Middle Mesa, NM 81137

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    Property summary
    AI-generated overview

    This exceptional 10-acre parcel, totaling 435,600 square feet, presents a unique investment opportunity in Middle Mesa, New Mexico. Located near Navajo Lake, this expansive land offers breathtaking views and unparalleled recreational access. The property's significant size provides ample space for a variety of development possibilities, from residential construction to commercial ventures. Its strategic location near the lake enhances its appeal for those seeking a tranquil setting with easy access to outdoor activities. The absence of restrictive covenants allows for greater flexibility in planning and development. Furthermore, the property's advantageous border with Federal land ensures a natural and undisturbed backdrop, preserving the area's pristine beauty. This is a rare chance to acquire a substantial land holding in a desirable location with significant potential for future growth and appreciation. The asking price is $75,000, making this an attractive proposition for discerning investors seeking a valuable asset in a picturesque New Mexico setting. The property is conveniently located at 4000 XX ROAD, Middle Mesa, NM 81137, within San Juan County. This remarkable property offers a blend of natural beauty and development potential, making it an ideal investment for those seeking a unique and rewarding opportunity. The absence of covenants provides significant freedom in planning future projects. The proximity to Navajo Lake adds considerable value and appeal.

    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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    Owner & transaction history
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    Permitted uses
    Allowed · conditional · prohibited
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