0 Ravine Ln Mountainair, NM 87036
This exceptional 80-acre property, located at 0 Ravine Lane, Mountainair, NM 87036, presents a unique opportunity for agricultural pursuits or a peaceful retreat. Boasting a substantial 3,510,936 square feet of land, this expansive parcel offers ample space for various uses. Situated in Torrance County, New Mexico, this land provides a tranquil escape, yet remains conveniently close to the town of Mountainair. The property's size allows for the development of a custom home, a recreational haven, or a significant agricultural operation. The asking price is $39,900, making this a compelling investment in New Mexico real estate. The property is classified as both a farm and a ranch, suggesting versatility in its potential applications. Buyers are encouraged to submit offers. This is a rare chance to acquire a substantial piece of land in a desirable location, offering both privacy and proximity to a charming town. The property's latitude and longitude coordinates are 34.4561677 and -106.2884579 respectively. All offers will be considered. Don't miss this chance to own a piece of New Mexico.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.