378 Des Moines Rd St Ruidoso, NM 88323
This exceptional 40-acre parcel of land presents a unique opportunity for those seeking a tranquil country setting in Chaves County, New Mexico. Located at 378 Des Moines Rd Street, Hagerman, NM 88323 (33.5615099, -105.4653897), this property boasts breathtaking valley views and is known for frequent antelope sightings. The expansive acreage offers ample space for a variety of uses, from building a custom home to establishing recreational activities. Imagine the possibilities – creating your own private oasis, enjoying outdoor pursuits, or simply relishing the peace and quiet of rural New Mexico. The land is priced at $62,500 and offers the advantage of owner financing, making it an accessible option for prospective buyers. This is a rare chance to own a significant piece of land in a desirable location, providing both privacy and stunning natural beauty. The property is classified as Land and is situated in a picturesque area known for its scenic landscapes. Don't miss this chance to acquire this remarkable 40-acre property and create your own slice of country paradise. Serious inquiries only.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.