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Property profile & analytics
OFF-MARKET
Land

488 Ice Caves Rd San Rafael, NM 87051

29.49 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 29.486-acre property located at 488 Ice Caves Road, San Rafael, New Mexico, 87051, presents a unique opportunity for agricultural pursuits or diverse development. Currently established as an alfalfa farm, the land boasts existing infrastructure including a well providing reliable water access and readily available electricity. Conveniently situated near town, off South 53, the property offers easy access to essential services and amenities. Existing storage facilities are in place, ideal for hay and equipment, providing immediate practicality for farming operations. The expansive acreage offers endless possibilities beyond farming, allowing for creative exploration of various land uses. The property's location in Cibola County, New Mexico, provides a tranquil setting while remaining conveniently close to San Rafael. The asking price for this remarkable property is $169,000. This is a rare chance to acquire a well-equipped and strategically located parcel of land with significant potential. The latitude and longitude coordinates are 35.0912283, -107.8844552 respectively. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 29.49 ac (1,284,410 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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