107 Bullard Rd, Gladstone, NM 88424
Discover Tatsinupi Ranch, a sprawling 363-acre property nestled near Gladstone, New Mexico, in Union County. Known for its exceptionally dark skies, ideal for stargazing, this secluded ranch boasts 360-degree views and abundant privacy, bordering over 2,482 acres of state lease land. Rich in history, the land features ancient rock walls, petroglyphs, dinosaur tracks, and other historical artifacts. Wildlife is abundant, with year-round water from Ute Creek attracting deer, antelope, and various bird species. Improvements include a 1,000 sq ft Muller building (2012) with living quarters (1 bed, 1 bath), a workspace, and additional storage. Guest accommodations consist of several outbuildings and a 12x30 tiny house with amenities. The ranch is fully fenced and cross-fenced, with pastures suitable for livestock. Mature fruit trees, grapevines, and berry bushes add to the property's charm. A robust water system includes a 150-foot well with solar-powered pumping, 5,500 gallons of storage, and drinker tanks for livestock. Solar power with backup propane generator ensures reliable energy. Storage is provided by three 8x40 shipping containers and various outbuildings. Potential revenue streams include wind and solar leases, and various conservation programs. Recreational opportunities abound, including hunting, fishing, camping, and photography. This unique property offers a blend of history, natural beauty, and recreational potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.