1420 Xx Rd, La Plata, NM 87418
This expansive 1,263,240 square foot land parcel presents a unique investment opportunity in La Plata, New Mexico. Located at 1420 XX Road, zip code 87418, this property offers significant potential for various development projects. The substantial lot size provides ample space for a wide range of uses, making it attractive to both individual and commercial investors. Situated in San Juan County, the property boasts a convenient location within the vibrant community of La Plata. The asking price is $192,465, representing exceptional value for such a large tract of land in this desirable area. The property's size allows for considerable flexibility in development plans, catering to diverse needs and visions. Furthermore, the listing indicates that additional adjoining land is available, presenting the possibility of expanding the property footprint to accommodate even larger-scale projects. This is an ideal opportunity to acquire a significant land holding in a growing New Mexico community. The property's size and location make it a compelling investment prospect with substantial long-term potential. Interested parties are encouraged to explore the possibilities this exceptional land offering presents. The latitude and longitude coordinates are 36.9025885 and -108.1941299 respectively.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.