2000 Highway 34

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2000 Highway 34

Rowe, NM 87562
Asking Price
$350K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Large commercial land parcel spans 190 acres of open space.
  • Property is situated directly along Highway 34 in Rowe.
  • Total asking price for the available site is $350,000.
  • The land is positioned within the 87562 ZIP code region.
  • Expansive acreage accommodates various commercial or mixed-use development projects.

What's Special

This 190-acre commercial land parcel sits along Highway 34 in Rowe, New Mexico. The expansive site provides significant acreage for large-scale development in a region defined by its rugged landscape and proximity to primary transit corridors in the state. Investors and developers often look to this submarket for projects requiring substantial land footprints that can accommodate varied commercial applications. Given the generous size and visibility afforded by the highway frontage, the property serves as a functional foundation for regional distribution facilities, agricultural operations, or expansive mixed-use developments that benefit from the open space characteristic of this area of New Mexico. Local economic activity in the broader region remains steady, supported by infrastructure connectivity that links rural zones to growing metro hubs. Buyers interested in long-term land banking or specific commercial construction will find the acreage versatile for their operational requirements. The site offers a clean slate for planning projects that demand significant square footage and strategic positioning within the corridor.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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