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34 Legend Ln Ln Fence Lake, NM 87315

OFF-MARKET Land Google Maps
38.84 ac lot
Estimated value
No estimation on file for this property yet.
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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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