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    15 Eagle Ridge Rd, Unit 15 Alto, NM 88312

    For Sale
    $36,000

    LAND - Alto, NM

    Lot size:
    0.25 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 15 Eagle Ridge Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    Lot size
    0.25 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Needed
    Water source
    Public

    Destiny Real Estate Development LLC (575) 257-3000 [email protected]

    Listing agent Rhonda B. Romack License #16977

    Listing date Nov 3, 2025

    MLS# 133291 Listing URL

    Copyright © 2025 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

    Alto, NM Level Lot

    This property features a level lot with a size of 0.25 acres. It is located in Alto, New Mexico. The zoning is R1, suitable for residential use. The lot backs up to a ranch, offering privacy. It is a buildable lot.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Wholesale Shop Storage Facility Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Alto
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.635323
    Latitude
    33.401745

    Nearby Similar for Sale

    • $925,000
      4,260 SF

      Commercial Property North of Alto

      Remodeled homes and industrial yard with highway frontage.
      1074/1078 Lot 3 & 4A, Alto, NM 88312
      View Details

    FAQs

    What type of property is this?
    Land - Buildable residential lot in Alto, New Mexico with ranch views.
    Where is this land located?
    The property is located at 15 Eagle Ridge Rd, Unit 15 Alto, NM.
    What is the asking price?
    The asking price for this property is $36,000.
    What are key features of this property?
    This property features: - Buildable lot ready for your dream home; - Level lot for ease of construction; - Backs up to a ranch, offering a unique setting
    (575) 937-3000
    Request Owner's contact information
    15 Eagle Ridge Rd, Unit 15 Alto, NM 88312
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    Alto, NM 88312
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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
    15 Eagle Ridge Rd, Unit 15 Alto, NM 88312
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