Gran Quivira Estates Hwy 55, Mountainair, NM 87036 (MLS# 1031951)

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Gran Quivira Estates Hwy 55, Mountainair, NM 87036

$284,000
Property Type: Commercial Sale Lot Size (sq. ft.): 740,520 Status: Active
Current Price: $284,000 List Date: 4/01/2023 Last Modified: 3/27/2024

Description

Investment Opportunity in the growing town of Mountainair. Nice subdivision with desirable larger town lots, views of the mountains, several treed lots, protective covenants, and town utilities available. These residential lots regularly sell between $10,000 and $17,000 per lot. There are forty three residential lots and two 1 acre commercial lots available below market price. 25 developed lots with electric, water, gas, phone, and sewer at the property line. 18 undeveloped lots with utilities available through partnership with the town in bringing those in. 10% discount for cash purchase or seller financing with 10% down, 5% interest, and either 10 or 15 year term. Mountainair offers all the necessary amenities without the bustle of big cities. Great Opportunity at a Great Value!

More Information MLS# 1031951

Contract Information

Listing Price: 284000 Current Price: $284,000 Status: Active

Location

Street Name: Gran Quivira Estates Hwy 55 County: Torrance City/Town Code: Mountainair State/Province: NM Zip Code: 87036 Directions: From the intersection of Hwy 60 and Hwy 55 in Mountainair, travel South on Hwy 55 for just under half a mile to the subdivision entrance on your left. Look for signs. Geo Lat: 34.511748 Geo Lon: -106.239909 Area: 293 - Mountainair Zone Atlas: NOZA

General Property Description

Property Sub-Type: Developed Land Acres: 17 Lot SqFt: 740520 Apx Lot Dim Front: 100 Apx Lot Dim Side: 150 Lot Description: appr.(3)1/2 acre; (40)1/3 acre; (2)1 acre com. Lot Size Source: Plat Flood Zone: No Flood Map Docks: No Disability Access: No Transaction Type: Sale

Tax & Legal Info

UPC Code: 1038018066152000000 Short Legal Desc: MOUNTAINAIR GRAN QUIVIRA MULTIPLE LOTS GRT Code: 22-127 Current Taxes: 1101.32 Tax Exemption: Unknown

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Highway Frontage; Rural; Other - See Remarks; Highway Frontage; Rural; Other - See Remarks Construction: See Plans Exterior Material: None Utilities: Cable Not Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available Heating: None Cooling: None Lease Information: None Docs/Data Available: Plat Map; Restrictive Covenant Finance Considered: Cash; Owner Financing Zoning: R-1
Listing Office: Hawkeye Realty
Last Updated: March - 27 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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