289 Fawn Dr Fort Sumner, NM 88119
This expansive 533-acre ranch in De Baca County, New Mexico, presents a unique opportunity for those seeking a peaceful retreat or a productive agricultural investment. Located at 289 Fawn Drive, Fort Sumner, NM 88119 (34.4185159, -104.162495), the property boasts ample rangeland perfect for cattle grazing or other agricultural pursuits. The land offers stunning views and a tranquil setting, with the added benefit of proximity to Fort Sumner and the Pecos River. While the existing triplewide mobile home is not included in the sale, the property does include its concrete slab foundation, providing a solid base for future construction. Additional improvements include a small storage shed and a storage trailer. A significant advantage is the existing well, which reaches a depth of 85 feet and effectively fills a water storage tank. This well previously provided filtered drinking water for the mobile home. Priced at $375,000, this property represents exceptional value for its size and location. The property's combination of open space, existing infrastructure, and convenient location makes it an attractive option for a variety of uses. Buyers are encouraged to conduct their own due diligence to verify all aspects of the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 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.