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OFF-MARKET
Specialty properties

Top Magdalena Mt Magdalena Mtn Magdalena, NM 87825

65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 65-acre property, located atop Magdalena Mountain in Socorro County, New Mexico, presents a unique investment opportunity. Situated just six miles from Magdalena, NM, and a convenient 1.5-hour drive from Albuquerque, this land boasts breathtaking panoramic views in all directions. The property, which includes historic patented mining claims dating back to 1892 (survey available), has not been offered for sale in over a century. Imagine mountain living at its finest, with endless recreational possibilities. Hunt, hike, prospect, or simply enjoy the tranquility and stargaze under pristine skies. The diverse landscape features a rich tapestry of vegetation, including ponderosa pine, pinon, oak, red cedar, alligator juniper, fir, and a variety of wildflowers and grasses. The high elevation reaches 9,380 feet, offering a cool, refreshing climate. This land is nestled within the Cibola National Forest, providing access to abundant natural beauty and recreational opportunities. Priced at $877,500, this is a rare chance to own a piece of New Mexico history and enjoy the unparalleled beauty of the Magdalena Mountains. The property is classified as recreational land and is ideal for those seeking a secluded mountain retreat or a unique investment in a stunning natural setting.

Property profile
Verified
Property type Specialty properties
Lot 65 ac (2,831,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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