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    Mixed-Use Property with Industrial Yard Title is generated by Realmo AI

    1074/1078 NM HWY 48 lot 3 & 4A, Alto, NM 88312

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    Claim this Listing
    For Sale
    $925,000

    COMMERCIAL - Mountain - Alto, NM

    Property size:
    4,260 SF
    Lot size:
    1.04 Acres
    Price / SF:
    $217/SF
    Added:
    Jul 3, 2025
    Days on Market:
    348
    Last Refresh:
    Jun 15 at 10:06 am

    Property Features for 1074/1078 NM HWY 48 lot 3 & 4A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C1
    Bathrooms
    5
    Rooms
    Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Family Room, Bonus Room, Laundry Room, Bathroom 4
    Security features
    Security
    Patio and Porch features
    Deck
    Exterior features
    Courtyard, Rain Gutters, Balcony
    Fireplace
    1
    Appliances
    Tankless Water Heater, Refrigerator, Washer, Dishwasher, Disposal, Gas Range, Dryer, Range Hood, Stainless Steel Appliance(s), Water Heater
    Standard status
    Active
    APN
    4072058177504
    Size
    4,260 SF
    Lot size
    1.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5327

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    2
    Flooring type
    Tile, Wood, Laminate, Carpet
    Building materials
    Frame, Stucco
    Roof type
    Metal
    Architectural style
    Mountain
    Additional Structures
    Guest House

    We can help!

    Listing Contact
    Loverin Real Estate Team
    Loverin Real Estate Team

    Listing agent Loverin Real Estate Team License #17860

    Listing office Loverin Real Estate 714 Mechem Dr, Ruidoso, NM

    Listing date Jul 3, 2025

    MLS# 132885

    Copyright © 2026 Ruidoso/Lincoln County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Approx. 282' frontage on NM Hwy 48 with 1.045 acres and year‑round access
    • Main stucco home approx. 2,600 SF: 3BD/2.5BA with bonus rooms
    • Includes lower guest quarters: 1BD/1BA plus a detached one‑level home: 2BD/1BA
    • Large approx. 1,500 SF garage and shop area, plus 1‑car garage
    • Spacious courtyard and covered back deck with Hot Spring hot tub; metal roof and rain gutters
    • Tankless water heater, central air and 3 CFA heat/AC units; wood stove and gas log fireplace

    Overview

    This C1-zoned mixed-use property includes two recently remodeled homes plus a large industrial yard and multiple garage/shop areas. The main stucco upper-level home is approximately 2,600 square feet and features three bedrooms and two and a half baths, along with bonus rooms, plus a lower guest quarter with one bedroom and one bath. A detached one-level home adds two bedrooms and one bath. Outdoors, the property offers a spacious courtyard and a spacious covered back deck with a Hot Spring hot tub.

    The parcel includes approximately 282 feet of frontage on NM Hwy 48, designed for visibility and easy year-round access. A one-car garage is included, along with a large approximately 1,500-square-foot garage and shop area to support automotive or light industrial needs.

    With residential units and substantial shop space on one site, this property can be a practical fit for owner-operators seeking a live-work setup, or for buyers looking to combine income-producing housing with dedicated space for vehicles, equipment, or service-oriented operations. Appliances and key mechanical features are included in the main home, including three CFA heat/AC units, a tankless water heater, a stainless-style kitchen appliance package, and a wood stove and gas log fireplace.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Alto
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.670768
    Latitude
    33.420318

    FAQs

    What type of property is this?
    Mixed-use property - 1.045 acres with long NM Hwy 48 frontage, remodeled homes, and a large garage/shop and industrial yard for flexible use.
    Where is this mixed-use property located?
    The property is located at 1074/1078 NM HWY 48 lot 3 & 4A Alto, NM.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: Approx. 282' frontage on NM Hwy 48 with 1.045 acres and year‑round access; Main stucco home approx. 2,600 SF: 3BD/2.5BA with bonus rooms; Includes lower guest quarters: 1BD/1BA plus a detached one‑level home: 2BD/1BA
    More about this property
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