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    Property profile & analytics

    000 Frst Rd Bluewater, NM 87005

    • Land
    • 44.84 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Frst Rd

    Lot size
    44.84 lot acres
    Property type
    Land

    Description

    This exceptional 44.84-acre property in Bluewater, New Mexico, presents a unique opportunity for those seeking a tranquil escape or a building site for their dream cabin. Located in Elk Ridge Estates, this lot boasts abundant tall pines and Chinkapin oaks, creating a picturesque setting. The property is part of a larger development with 12 available lots ranging from approximately 21 to 44 acres, all priced to sell. A gravel road provides access to the lot's edge, leading to a dirt road system for convenient access. The land features mid to light topography, ideal for building. The asking price for this specific 44.84-acre parcel is $224,200. The property is situated in Cibola County, New Mexico, with the address listed as 000 Forest Road 157, Bluewater, NM 87005. Coordinates are 35.3019391 latitude and -107.9650353 longitude. This is a rare chance to own a substantial piece of land in a desirable location, perfect for those seeking privacy and natural beauty. Don't miss this opportunity to build your dream cabin in this stunning New Mexico setting.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bluewater
    County
    Cibola
    State
    New Mexico
    Longitude
    -107.965
    Latitude
    35.3019

    Comparable in this City

    • Value Estimation by Request
      21.54 Acres

      000 Frst Rd

      Land • 21.54 Acres
      000 Frst Rd, Bluewater, NM 87005
      View Details
    • Value Estimation by Request
      1.00 Acre

      Tbd Cemetery Rd

      Land • 1.00 Acre
      0 Tbd Cemetery Rd, Bluewater, NM 87005
      View Details
    • Value Estimation by Request
      5.18 Acres

      2 Seewald Est

      Land • 5.18 Acres
      2 Seewald Est, Bluewater, NM 87005
      View Details
    • Value Estimation by Request
      0.64 Acres

      24 Pinon St

      COMMERCIAL (GENERAL) • 0.64 Acres
      24 Pinon St, Bluewater, NM 87005-0315
      View Details
    • Value Estimation by Request
      4,520 SF

      2627 Nm Hwy 122

      COMMERCIAL (GENERAL) • 4,520 SF
      2627 Nm Hwy 122, Bluewater, NM 87005-0260
      View Details
    • Value Estimation by Request
      2,404 SF

      Bluewater, NM 87005

      COMMERCIAL (GENERAL) • 2,404 SF
      Bluewater, NM 87005
      View Details

    Similar Nearby for Sale

    • $30,000
      1.00 Acre

      Bluewater, NM Acre Lot - Build Your Dream Home

      One-acre lot, well-drilled, ready to build.
      0 Tbd Cemetery Rd, Bluewater, NM 87005
      View Details
    • $107,700
      21.54 Acres

      Bluewater, NM Land - 21.54 Acres

      Build Your Dream Cabin! 21.54 Acres in Elk Ridge Estates.
      000 Frst Rd, Bluewater, NM 87005
      View Details
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    000 Frst Rd
    Bluewater, NM 87005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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