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    OFF-MARKET
    Land

    0 Indian Maiden Ct, Quemado, NM 87829

    38.04 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 38.04-acre property in Catron County, New Mexico, presents a unique investment opportunity. Situated on a private cul-de-sac in Indian Springs, this land boasts breathtaking views to the north. The property is comprised of two adjoining lots (originally listed separately as Lot 73 and Lot 76), totaling 38.04 acres. Lot 73 encompasses 21.25 acres, while Lot 76 covers 16.54 acres. The land is characterized by a diverse landscape of pinon pine and juniper trees. While a community well is available for water hauling, electricity and telephone services are conveniently located nearby. Year-round access is ensured via maintained roads managed by a Land Owners' Association. The small town of Quemado, approximately 12 miles away, offers essential amenities including fuel, supplies, restaurants, a school, and a medical clinic. Covenants are available upon request. This property offers significant potential for various uses, from recreational pursuits to potential development. The elevation change provides exceptional panoramic views.

    Property profile
    Verified
    Property type Land
    Lot 38.04 ac (1,657,022 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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