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    OFF-MARKET
    Land

    34 Legend Ln Ln, Fence Lake, NM 87315

    38.84 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 38.84-acre parcel of land is located at 34 Legend Lane, Fence Lake, New Mexico, 87315. Situated in Cibola County, this property presents a unique opportunity for various development projects. The expansive lot offers ample space for a wide range of uses, from residential construction to agricultural pursuits or recreational endeavors. The property's location in Fence Lake provides a tranquil setting while still offering convenient access to essential amenities and services. With its generous size and desirable location, this land presents a compelling investment opportunity for those seeking a substantial property in a peaceful New Mexico setting. The coordinates for the property are 34.7157633 latitude and -108.6513563 longitude. The asking price for this remarkable piece of land is $39,900. This represents a significant value for the acreage offered, making it an attractive proposition for both individual investors and larger development companies. Serious inquiries are encouraged to explore the potential of this exceptional property. The property is classified as land and offers significant potential for future development and growth. The seller is motivated and ready to negotiate.

    Property profile
    Verified
    Property type Land
    Lot 38.84 ac (1,691,870 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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    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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