1191 Xx Rd, La Plata, NM 87418
This exceptional 3,484,800 square foot land parcel in La Plata, New Mexico, presents a unique investment opportunity. Located at 1191 XX Road, 87418, this property boasts breathtaking views of Colorado, enhanced by its elevated position on a hill. The secluded location offers significant privacy, as the surrounding western land is inaccessible. Priced at an attractive $35,000, this represents a significant reduction from the previous asking price. The seller is motivated and will consider owner financing options for short-term repayment plans. A survey of the property is readily available for review. This expansive lot is ideal for constructing a custom country home or placing a mobile home. The seller is open to discussing land/home packages and is willing to work collaboratively with buyers to facilitate a smooth transaction. Note that this is one of three available lots; all three can be purchased for a combined price of $85,000. This presents a rare chance to acquire a substantial piece of land in a desirable, private setting with remarkable views.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.