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Property profile & analytics
OFF-MARKET
Land

0 Las Nutrias Rd Veguita, NM 87062

11.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 11.66-acre agricultural property in Veguita, New Mexico, presents a unique opportunity for country living. Located on Las Nutrias Road, zip code 87062, this A-1 zoned land offers breathtaking views and is conveniently situated just 25 minutes from Los Lunas and an hour from Albuquerque. The property boasts existing infrastructure including a private well and electricity already connected, simplifying the process of building your dream home. While natural gas is not available, the property's existing water and power connections significantly reduce initial development costs. The land is suitable for various agricultural uses, with irrigation potential. The property's location provides a peaceful rural setting while remaining within a reasonable distance of urban amenities. Buyers should independently verify utility impact fees and sewer connection details. The asking price is $175,000, translating to approximately $15,008.58 per acre. This represents a compelling value for acreage with existing utilities in this desirable location. Phone service is available in the street. This property is ideal for those seeking a tranquil escape while maintaining easy access to city conveniences.

Property profile
Verified
Property type Land
Lot 11.66 ac (507,910 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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