0 #8, Lake Valley, NM 88042
This exceptional 40-acre parcel presents a unique opportunity in the desirable Lake Valley, New Mexico area. Located within the expansive 23,000-acre Berrenda Creek Ranch, a working cattle ranch and wildlife habitat, this property offers a tranquil setting with stunning Southwestern views. The land boasts open range and is ideally suited for a variety of uses, from building a custom home to enjoying recreational activities. Existing infrastructure includes a well and an electric pedestal, simplifying the development process. The homesites within the ranch are naturally integrated into the existing topography, ensuring privacy and a seamless blend with the surrounding landscape. Situated near the historic ghost town of Lake Valley and outside Hillsboro, this property provides a secluded yet accessible location. The asking price for this remarkable 40-acre tract is $125,000. The property's address is #8 Child Of Water, Lake Valley, NM 88042. This is an exceptional opportunity to own a piece of New Mexico's rich history and natural beauty. Don't miss out on this chance to acquire this remarkable land parcel.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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.