18 Cimarron Dr, Quemado, NM 87829
This 13.28-acre property in Quemado, New Mexico, presents a unique opportunity. Located at 18 Cimarron Drive, 87829, this land boasts a 30x40-foot building complete with a full bathroom, a smaller shed, and a usable travel trailer with power hookups. The property features a 294-foot well producing 10 gallons per minute, supplying water to the building's bathroom and exterior spigots. A conventional septic system is already in place, connected to the building's bathroom. The entire property is fully fenced with a gated entrance. Enjoy the convenience of overhead power with a meter box servicing the building. This land is part of an HOA subdivision, offering maintained roads and allowing manufactured homes and seasonal RVs. The location provides stunning views of the eastern mountains and northern mesas. Situated approximately 30 minutes from both Springerville, Arizona, and Quemado, New Mexico, this property offers a blend of seclusion and accessibility. The property is being sold as-is. Note that land lender financing is available, requiring a 25% down payment and a 7% ARM for 12 years. Adjacent to BLM land to the south.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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