X2 Road 1191, La Plata, NM 87418
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property 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.