You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 16.46+/-Ac Near Sheridan Las Vegas, NM 87701

16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.46+/- acre parcel presents a unique investment opportunity in San Miguel County, New Mexico. Located near Sheridan, NM, this property boasts a rich history, situated close to the railroad tracks and the ruins of the Ojita, NM train station. The land offers significant potential for various development projects, capitalizing on its proximity to Highway 84. While electricity is available on-site, it requires a transformer installation. Essential infrastructure improvements, including a well and septic system, are needed to fully realize the property's potential. The expansive acreage provides ample space for a variety of uses, from residential to commercial development, subject to local zoning regulations. The asking price is $72,500. This is a rare chance to acquire a substantial piece of land with historical significance in a desirable New Mexico location. The property's address is listed as 16.46+/-ac Near Sheridan, with a zip code of 87701. The coordinates are 35.5939574 latitude and -105.2238868 longitude. Buyers are responsible for conducting their own due diligence regarding zoning, permitting, and utility connections. This property is sold as-is.

Property profile
Verified
Property type Land
Lot 16 ac (696,960 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16.46+/-Ac Near Sheridan?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message