4226 Qr 67 Tucumcari, NM 88401
This exceptional 115.5-acre property in Quay County, New Mexico, presents a unique investment opportunity. Located near Tucumcari, this land boasts a diverse terrain, combining flat areas with rolling hills, and offers breathtaking views of Tucumcari Mountain. The property features rich red sandy loam clay soil, historically used for adobe brick making, and ample grassland suitable for livestock or leasing. A lower section has a history of irrigated farming, showcasing its versatility. Its proximity to Conchas Lake (approximately 20 miles) and Ute Lake (around 25 miles) makes it attractive to outdoor enthusiasts. The area's history includes fossil discoveries on neighboring properties, adding a unique element. Furthermore, the land has attracted interest from solar developers, highlighting its potential for sustainable energy projects. Priced at $693,000, this expansive property near Tucumcari, NM (zip code 88401), at 4226 Qr 67, offers a multitude of possibilities, from residential development to agricultural pursuits or renewable energy ventures. The possibilities are truly endless.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.