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    OFF-MARKET
    Land

    000 Frst Rd, Bluewater, NM 87005

    21.54 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 21.54-acre lot in the desirable Elk Ridge Estates, located at 000 Forest Road 157, Bluewater, NM 87005, presents a unique opportunity for building a dream cabin. Situated in Cibola County, this property boasts abundant tall pines and Chinkapin oaks, creating a serene and picturesque setting. The land is priced to sell at $107,700 and is part of a larger development with lots ranging from approximately 21 to 44 acres, all priced between $107,700 and $224,200. Elk Ridge Estates features a well-planned layout with thoughtfully sized lots, ideal for cabin construction. A gravel road provides access to the lot edges, leading to a dirt road system for convenient access to individual lots. The property's mid to light topography offers excellent building sites, minimizing site preparation challenges. Coordinates are 35.3019391 latitude and -107.9650353 longitude. This is an exceptional opportunity to own a piece of tranquil New Mexico land. Don't miss out!

    Property profile
    Verified
    Property type Land
    Lot 21.54 ac (938,282 SF)
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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