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    OFF-MARKET
    Commercial real estate

    3890 Quay Road 62, Tucumcari, NM 88401

    13.5 ac lot
    Property ID
    US61-0994390
    Property summary
    AI-generated overview

    This exceptional 13.5-acre parcel of land is located at 3890 Quay Road 62 Road, Tucumcari, New Mexico, 88401. Priced affordably at $30,000, this property presents a unique opportunity for investors or developers. The land is situated in Quay County and boasts a convenient location. The property is bordered on one side by a mountain road and on another by the Hurley irrigation maintenance road, offering potential access points and scenic views. While the existing well is currently dry, the property's previous occupant utilized a cesspool; however, there is no existing septic system. Buyers should be aware of these factors and conduct their own due diligence regarding water access and septic installation. The latitude and longitude coordinates are 35.1535837, -103.7016927, respectively, allowing for easy location verification and mapping. This expansive acreage offers significant potential for various uses, subject to local zoning regulations and permitting requirements. Serious inquiries are encouraged to explore the possibilities of this remarkable land opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 13.5 ac (588,060 SF)
    UPID US61-0994390
    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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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