B27 Tracts C3 & C4 Rds Las Vegas, NM 87701
This exceptional 20-acre property in Los Montoyas, New Mexico, presents a unique investment opportunity. Located conveniently less than 10 miles from Interstate 25, this expansive parcel offers a blend of natural beauty and development potential. The land boasts a diverse landscape featuring meadows, pinon, cedar, and ponderosa pine trees, creating a serene and picturesque setting. A portion of the property is already fenced, providing a head start for future projects. The property's address is CR B27 Tracts C3 & C4 Roads, Los Montoyas, NM 87701, situated within San Miguel County. Its coordinates are 35.5939574 latitude and -105.2238868 longitude. This blank canvas is ideal for a variety of uses, from building a private retreat to developing a larger-scale project. The asking price for this remarkable property is $125,000. Don't miss this chance to own a piece of New Mexico's stunning landscape. The property is classified as land and offers 20 acres of space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.