3890 Quay Road 62, Tucumcari, NM 88401
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.