3160 Xx Off Rd Aztec, NM 87410
This exceptional 320-acre parcel of land presents a unique investment opportunity in Aztec, New Mexico. Situated conveniently just north and west of the Aztec Airport, this property offers significant potential for various development projects. While currently lacking specific lot size measurements, the expansive acreage provides ample room for a wide range of uses, subject to local zoning regulations and permitting. Access to the property is currently pending through insurable access via the Bureau of Land Management (BLM). The property's location near the Aztec Airport offers convenient access to transportation infrastructure, potentially reducing logistical challenges for future development. Prospective buyers are encouraged to conduct their own due diligence regarding zoning, utilities, and access to ensure the property aligns with their intended use. Given its size and strategic location, this land presents a compelling opportunity for investors seeking a substantial undeveloped tract in a growing area of New Mexico. The absence of existing structures allows for complete design flexibility, catering to a variety of development visions. Further investigation into the pending BLM access is recommended to fully understand the implications for future development plans. The property is located at XX OFF ROAD 3160, Aztec, NM 87410. The asking price for this significant landholding is $320,000.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.