94 Edgewood Nm 87015 Edgewood, NM 87015
- Land
- 123.00 lot acres
Current Use by Public Records
- Land
Property Details for 94 Edgewood Nm 87015
- Lot size
- 123.00 lot acres
- Property type
- Land
Description
This exceptional 123-acre parcel presents a unique investment opportunity in Edgewood, New Mexico. Located at 94 Hwy 344, Edgewood, NM 87015, this expansive land tract boasts a highly desirable R-1, Edgewood zoning designation, opening doors to a variety of development possibilities, including residential and commercial projects. The property's efficient rectangular shape simplifies design and development planning. Its strategic location offers unparalleled convenience, situated less than a mile north of I-40 via the Edgewood/NM Hwy 344 exit, providing exceptional interstate access. This prime location also benefits from proximity to established retail amenities, such as the adjacent Edgewood Walmart Supercenter. The property is served by municipal water services provided by Epcor, and municipal sewer is available in the area at Church Street. The asking price is $4,000 per acre, totaling $4,000,000 for the entire parcel. This presents a rare chance to capitalize on the blend of mountain living and convenient access to major transportation routes and retail infrastructure. The potential for a thriving planned community is significant, given the property's size, zoning, and location. This is an ideal opportunity for developers seeking a large-scale project in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edgewood
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -106.187
- Latitude
- 35.0754
