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    5 Racetrack Rd Arenas Valley, NM 88022

    New
    For Sale
    $260,000

    COMMERCIAL - Arenas Valley, NM

    Property size:
    1,874 SF
    Lot size:
    1.12 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 5 Racetrack Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    R000641
    Parking features
    Parking Lot
    Exterior features
    PropaneTankLeased
    Size
    1,874 SF
    Lot size
    1.12 Acres

    Utilities

    Sewer type
    Aerobic Septic, Septic Tank
    Heating system
    Natural Gas, Heat Pump (Heating), Forced Air, Propane (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    2
    Building materials
    Frame, Stucco
    Roof type
    Flat

    Century 21 Hacienda Realty (575) 388-1921

    Listing agent Beverly A Hamill (575) 388-1921 License #14957

    Listing date Dec 10, 2025

    Copyright © 2025 Silver City Regional 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

    Arenas Valley Commercial Opportunity

    Located in Arenas Valley, New Mexico, this commercial property offers 1874 square feet of space on a 1.12-acre lot. The building, formerly a radio station and more recently a church, was remodeled prior to its purchase by the church. It features hardwood floors and two half bathrooms. There is a finished room downstairs that is not included in the square footage. The property is currently owned by a non-profit church and is therefore not being taxed. The building could be converted into a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Spa & Massage Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Storage Facility Garden Center Convenience Store Daycare Center Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Arenas Valley
    County
    Grant
    State
    New Mexico
    Longitude
    -108.200682
    Latitude
    32.781659

    FAQs

    What type of property is this?
    Church & religious facility - Commercial property in Arenas Valley, New Mexico, suitable for various uses.
    Where is this church & religious facility located?
    The property is located at 5 Racetrack Rd Arenas Valley, NM.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - Beautiful hardwood floors throughout.; - Finished room downstairs offers extra space.; - Remodeled building with modern updates.
    (575) 388-1921
    Request Owner's contact information
    5 Racetrack Rd Arenas Valley, NM 88022
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    Arenas Valley, NM 88022
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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
    5 Racetrack Rd Arenas Valley, NM 88022
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