TBD Doe Rim Drive

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TBD Doe Rim Drive

Rutheron, NM 87551
Asking Price
$85K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel covers 7.7 acres of land in Rutheron
  • Available for purchase at an asking price of $85,000
  • Geographic coordinates are situated at 36.7219, -106.6661
  • Property is located directly on Doe Rim Drive
  • Site offers potential for diverse land development projects

What's Special

This 7.7-acre parcel of land is positioned on Doe Rim Drive in Rutheron, New Mexico. The site presents a significant footprint for potential development in this quiet corner of the state, benefiting from the rugged, expansive character of the high desert landscape. The acreage provides sufficient space for a range of land-based projects, whether serving as a private residential site or a broader regional land holding. Rutheron remains a tranquil area within the broader Southwest, where properties of this scale offer accessibility to the natural beauty and wide-open spaces characteristic of rural northern New Mexico. Investors seeking raw land in a growing suburban or rural market will find this site suitable for various long-term holding or development strategies.

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NOI
$80,000
Cap Rate
94.12%
DSCR
15.85
Strong
Cash-on-Cash
293.94%
Monthly Payment
$420.534
Annual Cash Flow
$74,953.597

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