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

View on Map
For Sale
$925,000

COMMERCIAL - Mountain - Alto, NM

Property size:
4,260 SF
Lot size:
1.04 Acres
Added:
Jul 3, 2025
Days on Market:
276
Last Refresh:
Apr 4 at 2:06 pm

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

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Bathrooms
4
Rooms
Bathroom 3, Laundry Room, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5, Bonus Room, Family Room
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
Wood, Tile, Carpet, Laminate
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.


Overview

Commercial Property with Remodeled Homes

This commercial property is located north of Alto, NM, and features approximately 282 feet of frontage on NM Hwy 48, encompassing 1.045 acres. The site offers high visibility and year-round access. Included in the sale are two recently remodeled homes and a large industrial yard, presenting multi-use potential. The main stucco home has an upper level of approximately 2,600 square feet, featuring 3 bedrooms and 2.5 bathrooms, along with bonus rooms. It also includes a lower-level guest quarters with 1 bedroom and 1 bathroom. A detached second one-level home offers 2 bedrooms and 1 bathroom. The property includes a spacious courtyard and a spacious back covered deck with a hot tub. There is also a 1-car garage, plus a large approximately 1,500 sq.ft. garage and shop area. The main home and guest quarters are equipped with three CFA heat/ac units and a tankless water heater, stainless style kitchen appliances, a free-standing wood stove in the living area, and a gas log fireplace in the master bedroom.
Property Profile Insight Report 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 - Commercial property in Alto, NM with remodeled homes and industrial yard.
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: Prime commercial location north of Alto with approximately 282' of NM Hwy 48 frontage and 1.045 acres, offering great visibility and year‑round access.; Multi‑use potential for commercial or residential purposes.; Includes two recently remodeled homes: a main stucco home (approx. 2,600 sq.ft, 3BD/2.5BA with bonus rooms and guest quarters) and a detached 2BD/1BA home.
More about this property
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