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Investment Highlights

  • Private Well on Site (Installed 2024)
  • No known covenants or restrictions
  • 20 Acres
  • Only a few minutes drive from the Rio Grande

Executive Summary

Excellent opportunity to build a home, place a manufactured home, utilize the land for agricultural use, or all of the above on this 20-acre lot in Veguita, NM! This property includes a newly installed private well (140 ft deep) with a well house and on-site electric hookups in place. Only a few short minutes' drive from the Rio Grande River, come and fish or bring your horses / livestock and enjoy the lush greenery within the area. This lot is priced to sell!

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per AC
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per AC $9.99
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual $99,999
Annual Per AC $9.99
Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual $99,999
Annual Per AC $9.99
Total Expenses
Annual $99,999
Annual Per AC $9.99
Net Operating Income
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $120,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Hospitality
  • Manufactured Homes or Mobile Home Park
  • Single Family Development
  • Agricultural
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 20.00 AC
Zoning Residential / Agriculture - Residential / Agriculture

1 Lot Available

Lot 1

Price $120,000
Price Per AC $6,000.00
Lot Size 20.00 AC

Excellent opportunity to build a home, place a manufactured home, utilize the land for agricultural use, or all of the above on this 20-acre lot in Veguita, NM! This property includes a newly installed private well (140 ft deep).

  • Listing ID: 35140240

  • Date on Market: 3/14/2025

  • Last Updated:

  • Address: Wallner Dr, Veguita, NM 87062

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