Technical
Financial
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Property profile

11 Block 8 Bosque, NM 87006

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre vacant land parcel presents a unique opportunity for development in the desirable Bernardo area of Socorro County, New Mexico. Located at LOT 11 Block 8 Unit 2, this property, officially designated as 5 acres, offers a blank canvas for your vision. The asking price is $100,000. The land is conveniently situated with utilities readily accessible in the surrounding area, thanks to the presence of developed properties adjacent to the lot. This advantageous location simplifies the construction process and reduces potential development hurdles. A compelling feature is the potential for a package deal, encompassing this 5-acre lot and two additional parcels located to the east. This presents a significant opportunity for expansion or investment diversification. The property's address is LOT 11 Block 8 Unit 2, Bernardo, NM 87006, with GPS coordinates of 34.4938941 latitude and -106.8414374 longitude. The property is located in Bosque, New Mexico. Serious inquiries are encouraged to explore this promising land opportunity further. Contact us today to discuss the details of this attractive package deal and unlock the potential of this prime real estate.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11 Block 8 Bosque, NM 87006
Bosque metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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