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    OFF-MARKET
    Land

    0 Tbd Caballo Dr, Rodeo, NM 88056

    20 ac lot
    Property ID
    Property summary
    AI-generated overview

    Own 20 acres of pristine, undeveloped high-desert land in the Caballos de las Estrella Equestrian Community subdivision near Rodeo, New Mexico, and the Arizona border. This off-grid property boasts breathtaking views of the nearly 10,000-foot Chiricahua Mountains. Enjoy the tranquility and privacy of this unique location, while still having convenient access to the historic towns of Rodeo, NM and Portal, AZ. High-speed internet and telephone service are available at the property line. Community amenities include an equestrian center with stables, washing areas, and a large arena; a community garden; full RV hookups; a gym; and a clubhouse. HOA regulations ensure the preservation of the community's aesthetic appeal, requiring a minimum 1,000 sq ft southwest-style home, with an optional second casita. Permanent trailers and manufactured homes are not permitted, and property splitting is prohibited. This exceptional property offers a secure investment opportunity in a thriving community, providing a hedge against market volatility. The asking price is $29,900. This represents an excellent value for a substantial parcel of land in a desirable location.

    Property profile
    Verified
    Property type Land
    Lot 20 ac (871,200 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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    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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