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    OFF-MARKET
    Land

    1191 Xx Rd, La Plata, NM 87418

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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