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    OFF-MARKET
    Land

    1X Road 1191, La Plata, NM 87418

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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