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Property profile

289 Fawn Dr Fort Sumner, NM 88119

OFF-MARKET
Land
533 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 533 ac (23,217,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

289 Fawn Dr Fort Sumner, NM 88119
Fort Sumner metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

5 recent transactions · within 1.5 mi
Comparable in this city
5 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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