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1X Road 1191 La Plata, NM 87418

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 43,560 square foot land parcel presents a unique opportunity in La Plata, New Mexico. Located just 10 miles from Farmington and close to the Colorado border, this property boasts stunning views. Ideal for building a new home or placing a mobile home, the lot offers convenient access to utilities. A water line is currently being installed along the road, requiring only the installation of a personal meter. Electricity is readily available nearby, though a septic system will need to be installed. The western border of the property adjoins Bureau of Land Management (BLM) land. The seller is motivated and offers flexible financing options, including short-term financing or the possibility of a land/home package deal. Additional adjoining land is also available for purchase. This property is situated west of the La Plata Store. Don't miss this chance to own a piece of New Mexico's beautiful landscape. The property is listed under MLS # 24-899.

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

Value estimations

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Owner & transaction history

Comparables

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