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    488 E Ottawa Rd Hagerman, NM 88232

    For Sale
    $80,000

    Unimproved Land - Hagerman, NM

    Type:Unimproved Land
    Lot size:
    5.63 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 488 E Ottawa Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    4146083466037000000
    Lot size
    5.63 Acres

    Building Details

    Architectural style
    Other

    eXp REALTY, LLC (505) 554-3873 [email protected]

    Listing agent Janett Pina (505) 554-3873

    Listing date Oct 15, 2025

    MLS# 20255987 Listing URL

    Copyright © 2025 New Mexico 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

    Hagerman Land with Utilities

    This property features 5.63 acres of unimproved land. The vacant lot includes existing electricity and a septic system. It is located in Hagerman, New Mexico, in Chaves County. The property is suitable for building a home or installing a manufactured home, offering country living with room to grow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Storage Facility Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerman
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.355089
    Latitude
    33.095432

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    FAQs

    What type of property is this?
    Land - 5.63 acres with electricity and septic system in place.
    Where is this land located?
    The property is located at 488 E Ottawa Rd Hagerman, NM.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Large 5.63-acre vacant lot provides ample space and privacy.; - Electricity and septic system already installed, saving time and money.; - Opportunity to build a custom dream home.
    (505) 554-3873
    Request Owner's contact information
    488 E Ottawa Rd Hagerman, NM 88232
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    Hagerman, NM 88232
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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
    488 E Ottawa Rd Hagerman, NM 88232
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