77 Nm 511, Navajo Dam, NM 87419
This exceptional 87,120 square foot corner lot presents a unique investment opportunity in Navajo Dam, New Mexico. Located at 77 NM 511, this nearly two and a half acre parcel boasts breathtaking desert scenery and unparalleled sunsets. Its convenient location offers easy access to Navajo Lake, just a short 10-minute drive away. The expansive lot provides ample space for a variety of development possibilities, making it ideal for those seeking a tranquil setting with significant potential. The property is situated in San Juan County, New Mexico, with a zip code of 87419. The asking price is $35,000, and attractive financing options are available, including owner carry with a 35% down payment. This is a rare chance to acquire a substantial piece of land in a desirable location with remarkable views and potential for future development. The property's latitude and longitude coordinates are 36.8599119 and -107.6215321 respectively. Don't miss this opportunity to own a piece of the stunning New Mexico landscape.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.