XX 1 ROAD 1191

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XX 1 ROAD 1191

La Plata, NM 87418
Asking Price
$110K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property spans 4 acres of developable land.
  • This asset is currently offered at $110,000.
  • The land is situated within La Plata, New Mexico.
  • Coordinates for the parcel are 36.9605, -108.1952.
  • Regional connectivity supports residential or small commercial development.

What's Special

Development of this 4-acre parcel in La Plata, New Mexico, presents a strategic move for investors seeking land in a developing sector of the San Juan County region. The property provides ample space for custom residential projects, agricultural use, or small-scale commercial operations, benefiting from the region's expansive geography and connection to the broader Farmington metropolitan area. Businesses and individuals looking to establish a presence in this quiet corridor of the state will find the layout suitable for diverse site planning needs. The area maintains a focus on industrial and energy-related activities, supported by a workforce accustomed to the unique demands of the local economy. With significant open space and proximity to major regional transit routes, the site serves as a functional foundation for long-term land holding or immediate development goals. Prospective buyers should evaluate local zoning and infrastructure requirements to align with their specific operational objectives for this versatile 4-acre tract.

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NOI
$80,000
Cap Rate
72.73%
DSCR
12.25
Strong
Cash-on-Cash
222.63%
Monthly Payment
$544.22
Annual Cash Flow
$73,469.36

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