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    OFF-MARKET
    Land

    81 Berrenda Crk, Lake Valley, NM 88042

    50.05 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 50.05-acre commercial land parcel presents a unique investment opportunity in Sierra County, New Mexico. Located at 81 Berrenda Creek, Hillsboro, NM 88042 (APN 3040103040059), this property is situated within a pristine nature conservancy, offering a rare chance to develop an eco-friendly project or private retreat. The land boasts diverse ecosystems and breathtaking vistas, characterized by gentle rolling hills. Its expansive size allows for ample space to create a custom development, whether a sustainable home, a secluded getaway, or a nature-focused enterprise. The asking price is $125,000, translating to $2,497.50 per acre. This serene and undisturbed location provides tranquility and a harmonious blend of natural beauty, making it an ideal canvas for a visionary project. The property's latitude and longitude coordinates are 32.7630704 and -107.5423792 respectively. This is a truly remarkable opportunity to own a significant piece of land in a remarkable natural setting.

    Property profile
    Verified
    Property type Land
    Lot 50.05 ac (2,180,178 SF)
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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