157 Frst Rd, Ramah, NM 87321
This exceptional 20-acre property, located at 157 Forest Road in Ramah, New Mexico (zip code 87321), presents a unique opportunity for off-grid living or investment. Situated near the Timberlake subdivision and Ramah Reservoir, this land offers a tranquil escape in a heavily wooded, secluded area. The property boasts a peaceful environment, perfect for those seeking serenity and privacy. Buyers should note that the property currently lacks essential utilities: there is no well, septic system, or electricity. This presents a blank canvas for those who envision building their own off-grid haven, or for investors seeking a raw land opportunity in a desirable location. The land's size provides ample space for various uses, subject to local zoning regulations. The asking price for this remarkable 20-acre parcel is $90,000. The property's coordinates are 35.198618 latitude and -108.390472 longitude, within Cibola County. This is an ideal location for those seeking a connection with nature, away from the hustle and bustle of city life. Serious inquiries are encouraged.
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.