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    608 Luna Azul Dr Chaparral, NM 88081

    For Sale
    $82,500

    LAND - Chaparral, NM

    Lot size:
    2.02 Acres
    Days on Market:
    173
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 608 Luna Azul Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T3
    APN
    4030154274229
    Lot size
    2.02 Acres

    KB Your Real Estate Experience (915) 857-4000

    Listing agent Dale Lofgren (915) 201-7922

    Listing date Jun 18, 2025

    MLS# 916241 Listing URL

    Copyright © 2025 Greater El Paso 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

    Chaparral, NM Land Opportunity

    This 2.02-acre lot in Chaparral, NM, offers the flexibility to build a custom home or place a mobile home. The property is located in Otero County. Sewer is at the line of the property.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Clothing Store Pharmacy Auto Parts Store Food Market HVAC Service Bar & Pub Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chaparral
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.384448
    Latitude
    32.03186

    Nearby Similar for Sale

    • $700,000
      10,000 SF

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      View Details
    • $772,000
      10,000 SF

      Family Dollar Investment Opportunity

      Long-term Family Dollar lease with corporate guaranty.
      300 Hermosa Dr, Chaparral, NM 88081
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    • $700,000

      Mobile Home Park Investment Opportunity

      Mobile home park with income and expansion potential in Otero County.
      101 Calle Del Norte, Chaparral, NM 88081
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    FAQs

    What type of property is this?
    Land - 2.02 acre lot ready for custom or mobile home.
    Where is this land located?
    The property is located at 608 Luna Azul Dr Chaparral, NM.
    What is the asking price?
    The asking price for this property is $82,500.
    What are key features of this property?
    This property features: - Large 2.02 acre lot offers ample space and privacy.; - Suitable for building a custom home or placing a mobile home.; - Sewer connection available at the property line.
    (915) 201-7922
    Request Owner's contact information
    608 Luna Azul Dr Chaparral, NM 88081
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    Chaparral, NM 88081
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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
    608 Luna Azul Dr Chaparral, NM 88081
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