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Property profile

0 Ravine Ln Mountainair, NM 87036

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Ravine Ln Mountainair, NM 87036
Mountainair 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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