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    L5 B2 Rd La Plata, NM 87418

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for L5 B2 Rd

    Property type
    Land

    Description

    This exceptional 43,560 square foot land parcel presents a unique opportunity in La Plata, New Mexico. Located at L5 B2 ROAD 1420, zip code 87418, this property offers a tranquil setting with the convenience of nearby town amenities. Ideal for those seeking a peaceful country lifestyle, this lot is perfect for building a new home or placing a manufactured home. The expansive lot size provides ample space for a comfortable residence and potential landscaping. The property is situated in San Juan County, New Mexico, and boasts a prime location with coordinates 36.9055225 latitude and -108.1941017 longitude. The asking price for this remarkable piece of land is $35,000. This represents an excellent investment opportunity, particularly given the availability of similar sized lots in the area, making it an attractive option for both individual buyers and developers. Don't miss the chance to own this idyllic piece of New Mexico land and create your own country oasis. Contact us today to learn more and schedule a viewing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Plata
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.194
    Latitude
    36.9055

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    L5 B2 Rd
    La Plata, NM 87418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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