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Property profile & analytics
OFF-MARKET
Land

289 Fawn Dr Fort Sumner, NM 88119

533 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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