24 Davis Trl, Rodeo, NM 88056
This exceptional 435-acre commercial property in Rodeo, New Mexico, presents a unique investment opportunity. The land features a substantial 5,600-foot-long by 100-foot-wide compacted dirt runway, ideal for various aviation-related ventures. The property also includes a spacious 1,800 square-foot, three-bedroom, two-bathroom residence, providing comfortable on-site living. A significant 7,000 square-foot hangar/office/warehouse/workshop unit is also included, equipped with a large 48-foot-wide by 22-foot-high metal bi-fold hangar door. The property boasts approximately 40 shade trees surrounding the residential unit, complemented by an irrigation system. The land sits at an elevation between 4,100 and 4,150 feet, offering a relatively level terrain naturally covered in desert shrub and mesquite. Infrastructure includes a 200-gallon water storage tank on metal piers, a 100-gallon gasoline storage tank, and an electronically controlled beacon atop the hangar. The asking price is $395,000, and seller financing may be considered. This property is located at 24 Davis Trail, Rodeo, NM 88056, in Hidalgo County. The property was built in 1980.
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
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.