0 Nm-3 Ribera, NM 87560
This exceptional 3.03-acre property presents a unique opportunity for agricultural pursuits or a peaceful retreat. Located in the picturesque Gonzales Ranch area of San Miguel County, New Mexico, this land parcel offers a tranquil setting near Ribera, with convenient access via New Mexico State Route 3. The property is classified as both farm and ranch land, providing versatility for various uses. The asking price is $250,000, making it an attractive investment in New Mexico's desirable countryside. The property's location offers a blend of rural serenity and accessibility, with the convenience of being near the town of Ribera and its amenities. The 87560 zip code ensures proximity to local services and infrastructure. The precise geographical coordinates are 35.2191606 latitude and -105.3955027 longitude, allowing for easy location verification and mapping. This land presents a compelling opportunity for those seeking a rural property in a beautiful and accessible location. The expansive acreage provides ample space for various agricultural endeavors or simply enjoying the peace and quiet of the New Mexico landscape. Serious inquiries are encouraged to explore the potential of this remarkable property. The property is being offered for sale as-is.
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.