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    608 Commerce St Arkansas Junction, NM 88240

    Sponsored
    For Sale
    $440,000
    Added:
    Feb 13, 2025
    Days on Market:
    327

    Property Features for 608 Commerce St

    General Information

    Property type
    Distribution properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Arkansas Junction
    County
    Lea
    State
    New Mexico
    Longitude
    -103.4049445
    Latitude
    32.6702606

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    • $120,155

      Hobbs, NM Land - Prime Location

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      Build-Ready Lot in Westminster Hollow
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      Hobbs, NM Commercial Land Opportunity

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    • $200,000

      Monument Land: Prime Truck Yard Site

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    FAQs

    Where is this distribution property located?
    The property is located at 608 Commerce St Arkansas Junction, NM.
    What is the asking price?
    The asking price for this property is $440,000.
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    Arkansas Junction, NM 88240
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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 Commerce St Arkansas Junction, NM 88240
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