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Property profile & analytics
OFF-MARKET
Land

246 Capitan Capitan, NM 88316

285.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 285-acre property, situated one mile north of Capitan, New Mexico, presents a rare opportunity for discerning buyers. Boasting captivating views of the Sierra Blanca, Capitan Mountain Range, and Nogal Peak, this land offers unparalleled scenic beauty. Its location within State Hunting Unit 37 makes it a haven for hunters seeking prime elk hunting grounds, while its suitability as excellent grazing land adds further appeal. The property's zoning permits residential use, opening doors to diverse development possibilities. Imagine building your dream home amidst this breathtaking landscape, enjoying the tranquility of nature while still being conveniently located just 15 miles from the resort town of Ruidoso. Recreational opportunities abound, with the land well-suited for ATV riding, horseback riding, hiking, and various other outdoor pursuits. The combination of stunning natural beauty, prime hunting location, and significant development potential makes this a truly unique investment opportunity. The asking price is $1,800,000. This is a chance to own a piece of New Mexico's unspoiled wilderness.

Property profile
Verified
Property type Land
Lot 285.7 ac (12,445,092 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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