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    For Sale (25)

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    Prime Land in Silver City
    $400,000
    19.00 Acres

    Prime Land in Silver City

    Over 19 acres with highway frontage in Silver City.

    2800 Highway 180, Silver City, NM 88061
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    Land in Casa Adobe Subdivision
    Contact for pricing
    1.24 Acres

    Land in Casa Adobe Subdivision

    1.2-acre homesite with panoramic views in Mimbres, New Mexico.

    297 Caballo Blanco St, Mimbres, NM 88049
    View details
    Commercial Lot in Silver City
    $110,000
    0.41 Acres

    Commercial Lot in Silver City

    Unsubdivided 0.406-acre commercial lot in a thriving business district.

    S Hudson St, Silver City, NM 88061
    View details
    Land with Utilities and Views
    $380,000
    45.48 Acres

    Land with Utilities and Views

    40+ acres with utilities near Gila wilderness, Silver City.

    22 Nizhoni Loop, Silver City, NM 88062
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    Land in Arenas Valley, NM
    $149,000
    4.99 Acres

    Land in Arenas Valley, NM

    4.99 acre lot with utilities near Silver City.

    16 Madison Rd, Arenas Valley, NM 88022
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    Land with Sweeping Views
    $49,000
    5.00 Acres

    Land with Sweeping Views

    Unrestricted 5-acre lot near town, ideal for building.

    20 Dewey Ave, Silver City, NM 88061
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    Mimbres Land with Mountain Views
    $90,000
    22.80 Acres

    Mimbres Land with Mountain Views

    22.8-acre rural property with mountain views and ready-to-build homesite.

    Xy Poncho Rd, Mimbres, NM 88028
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    Unrestricted Mountain Land in Mimbres
    $780,000
    260.00 Acres

    Unrestricted Mountain Land in Mimbres

    260 acres of unrestricted land bordering state land.

    Poncho Rd, Mimbres, NM 88061
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    Unrestricted Land in Deming, NM
    Contact for pricing
    8.46 Acres

    Unrestricted Land in Deming, NM

    8.46 acres of unrestricted land ready for development.

    County Rd 7, Deming, NM 88030
    View details
    Land with Fixer-Upper Home
    $45,900
    0.25 Acres

    Land with Fixer-Upper Home

    Two lots in Santa Clara, one with a home.

    304 Maple St, Santa Clara, NM 88026
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    San Lorenzo Land For Sale
    Contact for pricing
    0.78 Acres

    San Lorenzo Land For Sale

    Vacant lot in Mimbres Valley with Gila Mountain views.

    C St, San Lorenzo, NM 88041
    View details
    Santa Clara Commercial Property
    $169,000
    1,428 SF

    Santa Clara Commercial Property

    Commercial property with laundromat and studio apartment in Santa Clara.

    428 Fort Bayard St, Santa Clara, NM 88026
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    Land in Casas Adobes Subdivision
    $31,000
    0.74 Acres

    Land in Casas Adobes Subdivision

    0.746-acre land with views of Mimbres Valley and Black Range.

    249 Caballo Blanco, Mimbres, NM 88049
    View details
    Commercial Building with Storage Units
    $275,000
    5,492 SF

    Commercial Building with Storage Units

    Commercial building with offices and storage units in Silver City.

    1609 Gold St, Silver City, NM 88061
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    Land in Silver City, NM
    $95,000
    9.26 Acres

    Land in Silver City, NM

    9.26 acres of land near downtown Silver City, NM.

    Tr 1 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.07 Acres

    Land in Silver City, NM

    5.07 acres of land near downtown Silver City, NM.

    Tr 2 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.12 Acres

    Land in Silver City, NM

    5.12 acres of land near downtown Silver City, NM.

    Tr 3 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.11 Acres

    Land in Silver City, NM

    5.11 acres of land near Silver City, New Mexico.

    Tr 4 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.01 Acres

    Land in Silver City, NM

    5.01 acres of land near downtown Silver City, NM.

    Tr 6 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.01 Acres

    Land in Silver City, NM

    5.01 acres of land near downtown Silver City, New Mexico.

    Tr 5 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.01 Acres

    Land in Silver City, NM

    5.01 acre lot near Silver City, New Mexico.

    Tr 8 Ridge Rd, Silver City, NM 88061
    View details
    Land in Silver City, NM
    $65,000
    5.01 Acres

    Land in Silver City, NM

    5.01 acres of land near Silver City, New Mexico.

    Tr 7 Ridge Rd, Silver City, NM 88061
    View details
    Residential Lot in Silver City
    $45,000
    0.22 Acres

    Residential Lot in Silver City

    Corner lot ready for a new single-family home.

    E 22Nd St, Silver City, NM 88061
    View details
    Land in Hurley, New Mexico
    Contact for pricing
    0.13 Acres

    Land in Hurley, New Mexico

    Land lot in Hurley with open views.

    Geronimo St, Hurley, NM 88043
    View details
    Land in Hurley, New Mexico
    Contact for pricing
    0.13 Acres

    Land in Hurley, New Mexico

    Residential land in Hurley, NM, with open views.

    Mesquite St, Hurley, NM 88043
    View details

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    Enchantment Realty
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Enchantment Realty
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