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Property profile & analytics
OFF-MARKET
Land

5 Acres Nm 94 Rd Sapello, NM 87745

5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5-acre parcel of land is ideally situated on NM 94 in the charming town of Manuelitas, San Miguel County, New Mexico. The property boasts a tranquil, mostly forested setting, offering a peaceful escape from city life. Priced affordably at $45,000, this land presents a unique opportunity for those seeking a secluded retreat or a canvas for their future development plans. The absence of utilities provides flexibility for custom installations tailored to individual needs. Importantly, there are no restrictive covenants or homeowner's association fees, granting complete autonomy over the property's use and development. The property's address is 5 Acres NM 94 Road, Sapello, NM 87745, with GPS coordinates of 35.8505579 latitude and -105.3278681 longitude. This location offers a blend of seclusion and accessibility, with the convenience of nearby Sapello. Buyers are encouraged to conduct their own due diligence regarding potential utility connections and development regulations. This is a remarkable opportunity to own a piece of New Mexico's natural beauty at an attractive price point.

Property profile
Verified
Property type Land
Lot 5 ac (217,800 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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Comparable Approach Comparable
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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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