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    OFF-MARKET
    Land

    X2 Road 1191, La Plata, NM 87418

    Property ID
    Property summary
    AI-generated overview

    This exceptional 43,560 square foot lot presents a unique opportunity in La Plata, New Mexico. Located at X2 ROAD 1191, this property boasts stunning views towards Colorado and westward, bordered by BLM land. Ideal for building a new home or placing a mobile home, this parcel offers a tranquil setting just 10 miles from Farmington and near the Colorado border. The property's convenience is further enhanced by a water line currently being installed along the road by La Plata Water Users, with electricity readily accessible nearby. While a septic system will be required, the seller is offering financing options with a reasonable down payment and is also open to a land/home package deal. A water meter will need to be purchased separately from La Plata Water Users. For those seeking additional space, adjoining acreage is available for purchase. This is a remarkable chance to own a piece of New Mexico's stunning landscape, offering both seclusion and proximity to amenities. The property's MLS numbers are 24-901, 24-900, and 24-899 for further information. Don't miss this chance to create your ideal home in a picturesque location.

    Property profile
    Verified
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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