0 State Road 344 Edgewood, NM 87015
This exceptional 10-acre (435,600 square foot) wooded property presents a unique investment opportunity in Edgewood, New Mexico. Located on State Road 344, this land boasts a highly desirable location directly across from Estancia Classical Academy, ensuring high visibility and convenient access. The property's wooded character offers a tranquil setting while its prime highway frontage provides excellent exposure. All utilities are readily available, simplifying development plans. The expansive lot size allows for considerable flexibility, with the potential for subdivision into smaller parcels, opening up a range of development possibilities. This versatile land is ideal for various uses, from residential development to commercial ventures, making it an attractive proposition for discerning investors seeking a strategic location and significant development potential in a thriving New Mexico community. The property is zoned for [Zoning information not provided]. The address is 0 State Road 344, Edgewood, NM 87015. The asking price is $175,000.
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
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.