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    OFF-MARKET
    Land

    0 Xx Nm 574, Aztec, NM 87418

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    Property summary
    AI-generated overview

    This exceptional 28.75-acre property, encompassing 1,219,680 square feet, presents a unique investment opportunity in Aztec, New Mexico. Priced affordably at $250,000, this translates to approximately $8,696 per acre. The land boasts a substantial central pond, ideal for irrigation and livestock. Enjoy breathtaking views of the surrounding mountains, creating a serene and picturesque setting. Conveniently located near Farmington, Aztec, and Durango, this property offers easy access to amenities and services. Its expansive size and versatile nature make it suitable for a variety of uses, including building a new home, establishing a grazing operation, or exploring other development possibilities. The existing irrigation system adds significant value, enhancing the property's agricultural potential. This is a rare opportunity to acquire a sizable parcel of land in a desirable location at a competitive price. The property is located at XX NM 574, La Plata, NM 87418, within San Juan County.

    Property profile
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    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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    Permitted uses
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