Commercial Property with Remodeled
1074/1078 NM HWY 48 lot 3 & 4A, Alto, NM 88312
COMMERCIAL - Mountain - Alto, NM
Property size:
4,260 SFLot size:
1.04 AcresPrice / SF:
$217/SF- Added:
- Jul 3, 2025
- Days on Market:
- 316
- Last Refresh:
- May 14 at 10:06 pm
Property Features for 1074/1078 NM HWY 48 lot 3 & 4A
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C1
- Bathrooms
- 5
- Rooms
- Bathroom 3, Laundry Room, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Family Room, Bonus Room
- Security features
- Security
- Patio and Porch features
- Deck
- Exterior features
- Courtyard, Rain Gutters, Balcony
- Fireplace
- 1
- Appliances
- Tankless Water Heater, Refrigerator, Washer, Dishwasher, Disposal, Gas Range, Dryer, Range Hood, Stainless Steel Appliance(s), Water Heater
- Standard status
- Active
- APN
- 4072058177504
- Size
- 4,260 SF
- Lot size
- 1.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5327
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 2
- Flooring type
- Tile, Laminate, Wood, Carpet
- Building materials
- Frame, Stucco
- Roof type
- Metal
- Architectural style
- Mountain
- Additional Structures
- Guest House
Listing agent Loverin Real Estate Team License #17860 (575) 937-0588
Listing office Loverin Real Estate 714 Mechem Dr, Ruidoso, NM (575) 258-5008
Listing date Jul 3, 2025
MLS# 132885
Copyright © 2026 Ruidoso/Lincoln County 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.
HighLights
- Prime commercial location north of Alto with approximately 282' of NM Hwy 48 frontage and 1.045 acres, offering great visibility and year‑round access.
- Multi‑use potential for commercial or residential purposes.
- Includes two recently remodeled homes: a main stucco home (approx. 2,600 sq.ft, 3BD/2.5BA with bonus rooms and guest quarters) and a detached 2BD/1BA home.
- Features a large industrial yard and a spacious approx. 1,500 sq.ft. garage/shop area.
- Enjoy desirable amenities such as a spacious courtyard and a covered back deck with a 'Hot Spring' hot tub.
- Main home/guest has three CFA heat/ac units, a free‑standing wood stove in the living area, and a gas log fireplace in the master bedroom.
Overview
This commercial property is located north of Alto, NM, and features approximately 282 feet of frontage on NM Hwy 48, encompassing 1.045 acres. The site offers high visibility and year-round access. Included in the sale are two recently remodeled homes and a large industrial yard, presenting multi-use potential. The main stucco home has an upper level of approximately 2,600 square feet, featuring 3 bedrooms and 2.5 bathrooms, along with bonus rooms. It also includes a lower-level guest quarters with 1 bedroom and 1 bathroom. A detached second one-level home offers 2 bedrooms and 1 bathroom. The property includes a spacious courtyard and a spacious back covered deck with a hot tub. There is also a 1-car garage, plus a large approximately 1,500 sq.ft. garage and shop area. The main home and guest quarters are equipped with three CFA heat/ac units and a tankless water heater, stainless style kitchen appliances, a free-standing wood stove in the living area, and a gas log fireplace in the master bedroom.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Auto shops
Map
- City
- Alto
- County
- Lincoln
- State
- New Mexico
- Longitude
- -105.670768
- Latitude
- 33.420318
FAQs
What type of property is this?
Mixed-use property - Commercial property in Alto, NM with remodeled homes and industrial yard.
Where is this mixed-use property located?
The property is located at 1074/1078 NM HWY 48 lot 3 & 4A Alto, NM.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Prime commercial location north of Alto with approximately 282' of NM Hwy 48 frontage and 1.045 acres, offering great visibility and year‑round access.; Multi‑use potential for commercial or residential purposes.; Includes two recently remodeled homes: a main stucco home (approx. 2,600 sq.ft, 3BD/2.5BA with bonus rooms and guest quarters) and a detached 2BD/1BA home.
