Top Magdalena Mt Magdalena Mtn Magdalena, NM 87825
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.
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.