Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    000 Tba Rd Quemado, NM 87829

    • Land
    • 6,853.62 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Tba Rd

    Lot size
    6,853.62 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 6,854-acre ranch in Catron County, New Mexico, presents a unique investment opportunity. Comprised of approximately 4,264 deeded acres, 1,950 acres of state lease, and 640 acres of BLM lease, this property offers diverse terrain ranging from grassland bottoms to tree-covered mesas and canyonlands. The ranch boasts abundant native grasses, wildflowers, and pinon and juniper trees, providing excellent habitat for wildlife, including elk, mule deer, antelope, and dove. Improvements include a modest 3-bedroom ranch house with a bunkhouse, a sizable recently installed solar array for self-sufficiency, and a 40' x 50' metal shop. The property is fully fenced with cross-fencing into pastures and strategically placed corrals. Currently utilized for both hunting and cattle grazing, the ranch generates income through hunting tags and grazing leases. Water resources are provided through domestic and livestock wells, with allotted water rights of 8.62 acre-feet (TBV). Located 30 minutes north of Quemado, NM, the ranch is accessible via county roads and offers proximity to recreational opportunities such as Bluewater Lake and Quemado Lake, both within a reasonable driving distance. The semi-arid climate features hot summers and cool winters, with an average annual rainfall of 8 inches. Albuquerque International Airport is approximately 2.5 hours away. This turnkey operation offers a blend of recreational and agricultural potential, making it an ideal investment for those seeking a profitable and versatile property in the beautiful New Mexico landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Quemado
    County
    Catron
    State
    New Mexico
    Longitude
    -108.618
    Latitude
    34.2937

    Comparable in this City

    • Value Estimation by Request
      1,950.00 Acres

      570 Hardcastle Gap

      Farms • 1,950.00 Acres
      570 Hardcastle Gap, Quemado, NM 87829
      View Details
    • Value Estimation by Request
      3,200.00 Acres

      000 Omega Rd

      Farms • 3,200.00 Acres
      000 Omega Rd, Quemado, NM 87829
      View Details
    • Value Estimation by Request
      197.68 Acres

      92 Northern Rd

      Farms • 197.68 Acres
      92 Northern Rd, Quemado, NM 87829
      View Details
    • Value Estimation by Request
      3,625.00 Acres

      Nm - 603 Rd

      Farms • 3,625.00 Acres
      0 Nm - 603 Rd, Pie Town, NM 87829
      View Details
    • Value Estimation by Request
      38.04 Acres

      Indian Maiden Ct

      Land • 38.04 Acres
      0 Indian Maiden Ct, Quemado, NM 87829
      View Details
    • Value Estimation by Request
      3.30 Acres

      174 Agua Fria Loop

      Land • 3.30 Acres
      174 Agua Fria Loop, Quemado, NM 87829
      View Details

    Similar Nearby for Sale

    • $35,000
      20.82 Acres

      Land with Electric Service On-Site

      20.82-acre lot near Quemado, NM, with electric service and shed.
      32 Horseshoe Trl Rd, Quemado, NM 87829
      View Details
    • $39,900
      4.47 Acres

      Quemado, NM Land - 4.47 Acres

      Build Your Dream Home in New Mexico
      26 Spring Canyon Cir, Quemado, NM 87829
      View Details
    • $30,000
      3.30 Acres

      Quemado, NM Land - 3.3 Acres

      3.3-acre lot, stunning mountain views, owner financing.
      174 Agua Fria Loop, Quemado, NM 87829
      View Details
    • Contact for pricing
      11.54 Acres

      Land For Sale, Quemado, NM

      11.54 acres in Indian Springs Subdivision, Western New Mexico.
      60 Arrow Ln Rd, Quemado, NM 87829
      View Details
    • Contact for pricing
      10.32 Acres

      Land in Indian Springs Subdivision

      10+ acre lot near Quemado, NM with mountain views.
      Warpath Rd, Quemado, NM 87829
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    000 Tba Rd
    Quemado, NM 87829
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.