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Ruidoso Redevelopment Investment Opportunity
For Sale
$990,000

107 El Paso Road, Ruidoso, NM 88345

COMMERCIAL - Ruidoso, NM

Property SizeContact for details
Lot Size0.99 Acres
Days on Market179

Property Features for 107 El Paso Road

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Subdivision Pinecliff
Directions HWY 70 to El Paso Rd. Google Map
Standard status Active
APN 4-074-065-306-477
Lot size 0.99 Acres

Taxes and HOA fees

Tax Description Lot 4,5,67 Nob Hill Lodge
Legal Description Lot 4,5,67 Nob Hill Lodge

Utilities

Utilities Phone Available
Sewer type Public Sewer
Water source Public

Building Details

Floors in Building 2
Number of units 17
Building materials Frame, Stucco
Roof type Tile
Listing Agency: RE/MAX Classic Realty · RE/MAX International
Listed By: Eugene A Heathman · License ##19925
Added: Feb 10 Changed: Aug 4 Last Checked: Aug 8 at 10:06PM
MLS# 2600404

Copyright © 2026 Las Cruces 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.

Investment Insights

Based on property information with market context.

The Nob Hill Lodge, situated at the gateway to Ruidoso, presents a redevelopment and investment opportunity near the Lincoln County Medical Center, hotels, restaurants, and commercial businesses, just off Highway 70. This 16-unit property, complete with office and management quarters, offers possibilities for hospitality, apartment living, office space, or various other uses, finished to suit. Recent replacements include windows throughout, decking, roof, exterior stucco, plumbing, sewer, electrical, and HVAC infrastructure, all completed to approved permits and architectural renderings. The Nob Hill Lodge is a redevelopment project in a well-situated location. Ruidoso, New Mexico, is an outdoor recreation, sports, and tourism destination in south-central New Mexico. The property is located on a 0.99-acre lot.

Key Highlights

  • Iconic redevelopment opportunity in a prime location near key amenities and HWY 70.
  • 'Finish to suit' potential for hospitality, apartments, office space, or other uses.
  • Substantial recent upgrades to windows, decking, roof, stucco, plumbing, sewer, electrical, and HVAC.

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Locksmith (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
Well-served
Demand for This Use

Demographics for 88345, NM

8,423
Population
8,844
Households
1
Avg Household Size
52
Median Age
33%
College-Educated
92%
High-School Grad
39.3 sq mi
ZIP Area
214
Density / Sq Mi
$51,008
Median Household Income
$30,842
Median Earnings
$916
Median Rent
$232,400
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Arrowhead Motel & RV Park 25907 US-70, Ruidoso, NM 88345
  • Ruidoso Mountain Inn 25971 US-70, Ruidoso, NM 88345
  • Motel 6 Ruidoso, NM 412 US-70, Ruidoso, NM 88345
  • Best Western Plus Ruidoso Inn 97 Camelot Dr, Ruidoso, NM 88345
  • Elevate Hotel at Sierra Blanca Ruidoso, Ascend Hotel Collection 25980 US-70, Ruidoso, NM 88345

Frequently Asked Questions

What type of property is this?
Motel - Iconic Ruidoso redevelopment opportunity near Highway 70.
Where is this motel located?
The property is located at 107 El Paso Road Ruidoso, NM.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Iconic redevelopment opportunity in a prime location near key amenities and HWY 70.; 'Finish to suit' potential for hospitality, apartments, office space, or other uses.; Substantial recent upgrades to windows, decking, roof, stucco, plumbing, sewer, electrical, and HVAC.
More about this property
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