Property profile

0 Tbd Caballo Dr Rodeo, NM 88056

OFF-MARKET
Land
20 ac lot
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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

Location

Tbd Caballo Dr Rodeo, NM 88056
Rodeo metro
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Value estimations

Realmo proprietary · 4 methods
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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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