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Property profile & analytics
OFF-MARKET
Land

274 Deer Cir Quemado, NM 87829

25.98 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 25.98-acre property in Catron County, New Mexico, boasts breathtaking panoramic views from its high ridgetop location. The land gently slopes downhill to the west, offering several ideal building sites on smaller, elevated areas. Alternatively, build on the ridge for unparalleled vistas. The property is conveniently located adjacent to Bureau of Land Management land to the west, expanding recreational opportunities. An existing driveway provides access to lower portions of the property. This location is perfect for off-grid living or an equestrian enthusiast's dream. Situated within the Cimarron Ranch HOA community, residents benefit from maintained roads and community wells for water hauling. Site-built and manufactured homes are permitted, as are seasonal RVs. Enjoy the convenience of approximately 30-minute proximity to both Springerville, Arizona, and Quemado, New Mexico. Albuquerque is roughly 2.5 hours away, and Phoenix is approximately 4 hours away. Experience the charm of high plains ranch living at an elevation above 7000 feet. The asking price is $55,000. Seller financing is available with a $15,000 down payment, a $40,000 principal balance financed at 7% interest for 10 years, resulting in a monthly payment of $464.43. Note that this monthly payment excludes annual property taxes of $245 and annual HOA fees of $300 for three lots. Conventional financing is also an option. The property's address is 274 Deer Circle, Quemado, NM 87829.

Property profile
Verified
Property type Land
Lot 25.98 ac (1,131,689 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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