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    111 King Richard Dr Ruidoso, NM 88345

    For Sale
    Contact for pricing

    LAND - Ruidoso, NM

    Lot size:
    0.32 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 15 at 12:06 am

    Property Features for 111 King Richard Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    Lot size
    0.32 Acres

    Simply Real Estate NM INC (505) 259-2415 [email protected]

    Listing agent Aubrey Josephine Syljuberget (505) 437-6736 License #REC20240839

    Listing date Nov 4, 2025

    MLS# 1088248 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Lot in Black Forest

    This .32-acre lot is located in the Black Forest subdivision of upper Flume Canyon in Ruidoso, New Mexico. The wooded corner parcel features a gentle upslope and southern exposure, offering panoramic views of the Sierra Blanca range and surrounding pine forests.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ruidoso
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.701708
    Latitude
    33.329079

    Nearby Similar for Sale

    • New
      $399,000
      2,773 SF

      Ruidoso Commercial Property with Storage

      Commercial property featuring storage units and Airbnb rentals in Ruidoso.
      110 Horton Cir, Ruidoso, NM 88345
      View Details

    FAQs

    What type of property is this?
    Land - Spacious .32-acre lot with panoramic views in Ruidoso, NM.
    Where is this land located?
    The property is located at 111 King Richard Dr Ruidoso, NM.
    What is the asking price?
    The asking price for this property is $18,950.
    What are key features of this property?
    This property features: - Spacious .32-acre wooded lot in Black Forest subdivision.; - Prime corner/infill parcel.; - Gentle upslope with southern exposure.
    (505) 437-6736
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    111 King Richard Dr Ruidoso, NM 88345
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    Ruidoso, NM 88345
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    Realmo Value Estimation

    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.

    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.

    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
    111 King Richard Dr Ruidoso, NM 88345
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