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Property profile & analytics
OFF-MARKET
Land

0 State Road 344 Edgewood, NM 87015

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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