Property profile

1 Chapel Rd & Crk A34 Rd Rociada, NM 87742

OFF-MARKET
Land
2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre property in Rociada, New Mexico, presents a unique opportunity for building your dream home. Located at 1 & 2 Chapel Rd & Cr A34 Road, this expansive lot boasts spectacular panoramic views of the Sangre de Cristo Mountains and the Rociada Valley. The property's advantageous location offers convenient access to nearby amenities, including the 18-hole public mountain golf course in Pendaries Village. Its strategic position at the corner of CR A34, Chapel Rd, and Valley View Ct, also borders a cart path leading to the golf course. The substantial size of this parcel allows for a more cost-effective conventional septic system, leading to reduced construction expenses. While subject to HOA regulations and restrictive covenants, the property allows for the construction of site-built homes with a minimum of 1250 square feet, and certain modular homes are also permitted. Current HOA fees for unimproved lots are $683.86 annually. Enjoy easy access to the vibrant towns of Angel Fire, Taos, and Santa Fe, all within a short driving distance. This is an ideal location for those seeking a tranquil mountain setting with stunning views and convenient access to recreational activities and cultural attractions. The property is listed at $75,000. The zip code is 87742.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Chapel Rd & Crk A34 Rd Rociada, NM 87742
Rociada metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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