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$ 19,337,000
Est. payment /mo
Active
000 George Hanosh Boulevard Grants, NM 87020
776 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20255272
Annual Tax Amount $32
Tax Year 2024
Lot Size 776.000 Acres
Acres 776.0
Property Sub-Type Acreage
Property Description
Grants Legacy Development Tract represents one of the last major growth corridors in Grants, New Mexico — a built-out community where new expansion is limited. Situated in Cibola County with excellent visibility and direct highway access, this 776± acre property offers investors and developers a rare opportunity to shape the future growth of one of the Southwest's most strategically located towns Key Features • Prime Location: Situated on the edge of Grants where future expansion must pass through these tracts. • Flexible Zoning Pathway: Currently in Agricultural tax status keeping holding costs low until you are ready to rezone and develop. • Multiple Development Options: Suitable for residential, commercial, or mixed-use projects — including workforce housing, retail frontage, or phased development. • Highway Frontage: Excellent visibility and access for both residential and commercial builds. • Tax Advantage: Option to lease back the land for cattle grazing to the Seller, preserving its agricultural designation and minimizing property taxes until development begins. This property is uniquely positioned as the natural outlet for Grants' growth. Its location along the highway makes it ideal for residential neighborhoods, service businesses, retail frontage, or even a large-scale mixed-use development. With demand rising for housing and commercial services in the region, investors have the flexibility to execute a phased development plan or hold the land for appreciation while maintaining low carrying costs. Grants Legacy Development Tract offers more than just acreage — it provides the opportunity to control the direction of growth in a market with limited expansion options. The combination of low holding costs, strong visibility, and multiple development pathways makes this a compelling opportunity for investors seeking long-term upside.
Location
State NM
County Cibola County
Area New Mexico Mls
Building
Water City
Listed by M4 RANCH GROUP
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