Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    3260 Nm 114, Causey, NM 88113

    5185.45 ac lot
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity encompassing 5,185.45 acres of diverse land in Roosevelt County, New Mexico, near Causey (zip code 88113). This expansive property includes a substantial block of over four sections of deeded land, complemented by an additional 480 acres of state land. The land boasts a variety of features, including five water tanks and two wells, interconnected by pipelines for efficient water distribution. Wildlife is abundant, with a notable population of mule deer and antelope, alongside coyote, quail, and dove. Agricultural potential is significant, with one block featuring a section and a quarter of farmland currently planted in wheat, alongside a quarter section of grassland and two stock wells. Another area comprises 390 acres of grassland, enhanced by 160 acres of irrigated water rights and a well. Two separate half sections of grassland are also included. The property further benefits from a ranch house, a 50' x 100' shop, and a complete set of pens for livestock sorting and shipping, all situated alongside additional farmland and grassland. This comprehensive offering presents a unique chance to acquire a substantial and versatile property in Eastern New Mexico, with all land, buildings, and water infrastructure included in the asking price of $5,200,000.

    Property profile
    Verified
    Property type Land
    Lot 5185.45 ac (225,878,202 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 3260 Nm 114?
    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