55 Elk Trail

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55 Elk Trail

Pie Town, NM 87827-0000
Asking Price
$57K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The parcel encompasses a total area of 5.36 acres.
  • Property is situated in the municipality of Pie Town, New Mexico.
  • This commercial land listing is currently offered for $56,900.
  • The site supports diverse development opportunities for commercial business operations.
  • Geographic coordinates for the site are 34.4664 and -108.2579.

What's Special

This commercial land spans 5.36 acres at 55 Elk Trail in Pie Town, New Mexico. The site presents a significant footprint for development within this unique high-desert region, which serves as a notable waypoint for regional travelers and local commerce. Given the generous acreage, this parcel accommodates a variety of potential commercial projects, ranging from retail service centers to hospitality-focused improvements that cater to visitors exploring the surrounding landscapes. Pie Town maintains a distinct character within Catron County, offering a quiet, rural environment that supports local enterprise. The property provides direct access for those looking to establish a foothold in a growing market that balances tourism with local needs. Prospective buyers will find this land useful for businesses seeking visibility or those requiring larger grounds for operational infrastructure. With its strategic placement, the lot remains a viable option for investors and developers aiming to secure land in a region that continues to attract interest for its expansive potential and atmospheric surroundings.

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NOI
$80,000
Cap Rate
140.60%
DSCR
23.68
Strong
Cash-on-Cash
448.87%
Monthly Payment
$281.51
Annual Cash Flow
$76,621.878

Location & Travel Times