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Property profile & analytics
OFF-MARKET
Land

00 Pueblo Rd Lake Arthur, NM 88253

80.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 80.451-acre property presents a unique investment opportunity in Lake Arthur, New Mexico. Located at 00 Pueblo Road, this expansive parcel offers unparalleled versatility. The land is conveniently situated off paved Pueblo Road, providing easy access just north of Artesia, with Highway 285 nearby. The property boasts overhead power lines already in place, simplifying development plans. Its raw, undeveloped state allows for a wide range of possibilities, from creating a personal ranchette and raising livestock, to constructing a dream home, or developing a subdivision for upscale homes and smaller ranches. Alternatively, the acreage could be divided for commercial or trucking yards. The possibilities are truly endless. A significant advantage is that the current owner retains mineral rights and will transfer half of their ownership to the buyer, adding further value to this exceptional offering. The asking price for this remarkable property is $348,888. Located in Chaves County, New Mexico, with zip code 88253, this property is situated at latitude 33.0084205 and longitude -104.3662996. Don't miss this chance to acquire a substantial piece of New Mexico land with immense potential.

Property profile
Verified
Property type Land
Lot 80.45 ac (3,504,446 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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