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    For Sale (43)

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    Roswell Land Ready for Development
    $85,000
    3.00 Acres

    Roswell Land Ready for Development

    3 acres in Roswell, NM, subdivided into 24 approved lots.

    Beech St, Roswell, NM 88203
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    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.19 Acres

    Secluded Land Parcel Near Pinehill

    10+ acres of raw land perfect for off-grid living.

    Ln Tinaja Trl, Pinehill, NM 87357
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    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel near Pinehill, New Mexico.

    Ln Tinaja Trl, Pinehill, NM 87357
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    Land in Deming, New Mexico
    Contact for pricing
    1.97 Acres

    Land in Deming, New Mexico

    1.97-acre lot in Deming, NM with grid power availability.

    Tbd Maverick Rd, Deming, NM 88030
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    Land with Utilities and Views
    $129,000
    2.21 Acres

    Land with Utilities and Views

    2.2 acres near Albuquerque with well, septic, power, and views.

    121 Rincon Loop Rd, Tijeras, NM 87059
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    New Mexico Land with Horse Stalls
    $45,000
    5.05 Acres

    New Mexico Land with Horse Stalls

    Unimproved land with horse stalls, ideal for rural living.

    6627 Miller Rd, Dexter, NM 88230
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    150 Acres in McKinley County
    $110,000
    150.68 Acres

    150 Acres in McKinley County

    150 acres near Thoreau and I-40, ideal for recreation.

    Woodview Dr, Prewitt, NM 87045
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    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel offers privacy and investment potential.

    Ln Tinaja Trl, Pinehill, NM 87357
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    Roswell Land with Mountain Views
    $48,000
    5.60 Acres

    Roswell Land with Mountain Views

    5.6 acres in Buena Vista near Roswell, mountain views.

    122 Tierra Grande Blvd, Roswell, NM 88203
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    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel near Pinehill, New Mexico.

    Ln Tinaja Trl, Pinehill, NM 87357
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    Secluded Land Parcel Near Pinehill
    $40,000
    20.00 Acres

    Secluded Land Parcel Near Pinehill

    20-acre raw land parcel near Pinehill, New Mexico.

    Lot Tbd Ln Tinaja Trl, Pinehill, NM 87357
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    Land in Deming, New Mexico
    Contact for pricing
    1.97 Acres

    Land in Deming, New Mexico

    1.97-acre lot with grid power in Deming, New Mexico.

    Tbd Maverick Rd, Deming, NM 88030
    View details
    40 Acres of Tranquil Land
    $52,000
    40.00 Acres

    40 Acres of Tranquil Land

    Secluded 40-acre property near McGaffey Campground and McGaffey Lake.

    Forest Rd, Bluewater, NM 87005
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    Vacant Lot in Dexter, NM
    Contact for pricing
    0.41 Acres

    Vacant Lot in Dexter, NM

    0.41-acre vacant lot in Dexter, NM, ready for development.

    29 E Phoenix Rd, Dexter, NM 88230
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    Residential Lots in Roswell, NM
    $48,000
    0.58 Acres

    Residential Lots in Roswell, NM

    Three residential lots totaling 0.58 acres in Roswell, NM.

    1102 S Lea Ave, Roswell, NM 88203
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    Roswell Commercial Building For Sale
    $150,000
    4,534 SF

    Roswell Commercial Building For Sale

    Versatile commercial building in high-traffic area with owner financing.

    1501 W 2Nd St, Roswell, NM 88201
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    One Acre Lot in Milan
    Contact for pricing
    1.00 Acre

    One Acre Lot in Milan

    One-acre lot in Milan, NM, ideal for building or investment.

    4 Milky Way Dr, Milan, NM 87020
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    19.36 Acres of Raw Land
    Contact for pricing
    19.36 Acres

    19.36 Acres of Raw Land

    19.36 acre lot in a private, quiet New Mexico setting.

    Jackrabbit Trl, Pinehill, NM 87357
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    Gallup, NM Vacant Lot
    $49,500
    0.25 Acres

    Gallup, NM Vacant Lot

    Vacant lot overlooking Veteran's Park in Gallup, NM.

    E Morgan Ave, Gallup, NM 87301
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    Land Parcel in Hagerman, NM
    $85,000
    5.62 Acres

    Land Parcel in Hagerman, NM

    5.617-acre parcel with water well, suitable for custom build.

    462 Palomino St, Hagerman, NM 88232
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    Land Near Bluewater Lake
    Contact for pricing
    1.36 Acres

    Land Near Bluewater Lake

    1.34 acres near Bluewater Lake, ideal for recreation.

    Weagley Rd, Bluewater, NM 87323
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    Land Near Candy Kitchen, NM
    Contact for pricing
    3.21 Acres

    Land Near Candy Kitchen, NM

    3.206-acre parcel near Pinehill, NM, with electric accessibility.

    216 And 217, Pinehill, NM 87357
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    Land For Sale, Ramah, NM
    Contact for pricing
    4.46 Acres

    Land For Sale, Ramah, NM

    4.459 acre land parcel available in Ramah, New Mexico.

    S Rnch Rd, Ramah, NM 87321
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    Expansive Land with Utilities
    $37,000
    10.00 Acres

    Expansive Land with Utilities

    Two adjoining 5-acre parcels with well, electricity, and septic.

    18 Cedargrove Ln, Pinehill, NM 87357
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    Heavily Wooded Land in Candy Kitchen
    Contact for pricing
    6.74 Acres

    Heavily Wooded Land in Candy Kitchen

    6.74 acres of wooded land in a serene location.

    God's Acre Rd, Pinehill, NM 87357
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    Well-Maintained Triplex on Corner Lot
    $209,900
    1,997 SF

    Well-Maintained Triplex on Corner Lot

    Triplex near shopping and restaurants, excellent investment opportunity.

    320 Ross St, Clovis, NM 88101
    View details
    Land with Panoramic Ramah Valley Views
    $47,500
    5.24 Acres

    Land with Panoramic Ramah Valley Views

    5-acre parcel with shared well, no HOA, stunning views.

    5 Acres Tbd Asay Rd, Ramah, NM 87020
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    Secluded Land Near Bluewater Lake
    $39,500
    12.52 Acres

    Secluded Land Near Bluewater Lake

    12.52 acres of raw land near I-40 in Prewitt, NM.

    Prewitt Rd, Prewitt, NM 87045
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    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel near Pinehill, New Mexico.

    Ln Tinaja Trl, Pinehill, NM 87357
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    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel offers privacy and investment potential.

    Ln Tinaja Trl, Pinehill, NM 87357
    View details
    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel offers privacy and investment potential.

    Ln Tinaja Trl, Pinehill, NM 87357
    View details
    Land in Deming, New Mexico
    Contact for pricing
    1.97 Acres

    Land in Deming, New Mexico

    1.97-acre lot with grid power in Deming, New Mexico.

    Tbd Maverick Rd, Deming, NM 88030
    View details
    Roswell Land for Sale
    $140,000
    4.95 Acres

    Roswell Land for Sale

    Large lots available in Roswell, New Mexico.

    Balsam Ave, Roswell, NM 88201
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    Residential Lot in Roswell
    Contact for pricing
    0.18 Acres

    Residential Lot in Roswell

    Residential lot in established Roswell area, suitable for development.

    512 E 4Th St, Roswell, NM 88201
    View details
    Roswell Income-Producing Tiny Home Village
    $425,000
    0.58 Acres

    Roswell Income-Producing Tiny Home Village

    Income-producing tiny home village with expansion potential in Roswell, NM.

    208 E Mathews St, Roswell, NM 88203
    View details
    20 Acres Near Bluewater Lake
    $80,000
    20.00 Acres

    20 Acres Near Bluewater Lake

    Undeveloped 20-acre land parcel near Bluewater Lake, New Mexico.

    Nm Hwy 612, Thoreau, NM 87323
    View details
    Expansive Land Near Cibola Forest
    $55,000
    20.00 Acres

    Expansive Land Near Cibola Forest

    20-acre parcel near Cibola National Forest with sweeping views.

    S Rnch Rd, Ramah, NM 87321
    View details
    Two Homes on Quarter-Acre Lot
    $90,000
    0.28 Acres

    Two Homes on Quarter-Acre Lot

    Two separate homes on a quarter-acre lot in Gallup, NM.

    114 W Adams Ave, Gallup, NM 87301
    View details
    Land with Red Rock Views
    $77,000
    6.51 Acres

    Land with Red Rock Views

    6.51-acre parcel with water meter and electricity nearby.

    Palomino Loop, Jamestown, NM 87347
    View details
    Residential Land in Gallup, NM
    $50,000
    2.52 Acres

    Residential Land in Gallup, NM

    2.52 acres of residential land with development potential.

    3025 Rollie Rd, Gallup, NM 87301
    View details
    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.00 Acres

    Secluded Land Parcel Near Pinehill

    10-acre raw land parcel offers privacy and investment potential.

    Ln Tinaja Trl, Pinehill, NM 87357
    View details
    Secluded Land Parcel Near Pinehill
    Contact for pricing
    10.21 Acres

    Secluded Land Parcel Near Pinehill

    10+ acres of raw land near Pinehill, New Mexico.

    Ln Tinaja Trl, Pinehill, NM 87357
    View details
    Roswell Land Package For Sale
    $150,000
    29.84 Acres

    Roswell Land Package For Sale

    29.84 acres of land available in Roswell, New Mexico.

    Wrangler Rd, Roswell, NM 88201
    View details

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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
    eXp REALTY, LLC
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