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    2319 Sudderth Dr Ruidoso, NM 88345

    For Sale
    $595,000

    Prime Retail Space, High Traffic Area

    Property size:
    1,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial land parcel, located at 2319 Sudderth Drive in Ruidoso, New Mexico, presents a unique investment opportunity. The 0.08-acre lot boasts a 1,100 square foot building, ideal for a variety of retail uses. Situated in a high-traffic area, this property ensures maximum visibility and exposure for your business. The bright and inviting atmosphere creates a welcoming environment for customers, perfectly showcasing merchandise. The property's address is 2319 Sudderth Drive, Ruidoso, NM 88345, within Lincoln County. Its convenient location offers excellent accessibility and is sure to attract a steady stream of potential clients. The asking price for this prime commercial property is $595,000. This represents a compelling opportunity to establish or expand your business in a thriving New Mexico community. The property is zoned for commercial use and offers significant potential for growth and return on investment. Don't miss this chance to secure a prominent location in a desirable area. The property is ready for immediate occupancy and offers a blank canvas for your business vision. This is a rare opportunity to own a piece of Ruidoso's vibrant commercial landscape.

    Property Features for 2319 Sudderth Dr

    General Information

    Property type
    Land
    Square Feet
    1,100 SF
    Lot Size
    3,485 SF

    HighLights

    • $595,000 asking price.
    • 0.08‑acre lot with 1,100 square feet of commercial space.
    • Located at 2319 Sudderth Drive, Ruidoso, NM 88345.
    • Prime retail location offering high visibility and foot traffic.
    • Bright and inviting atmosphere ideal for showcasing merchandise.
    Property Profile Location Intelligence

    Current Use by Public Records

    Raconteur Clothing Store Assist-2-Sell Real Estate Agency The Ruidoso Woodsman Outdoor Sports Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ruidoso
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.6689815
    Latitude
    33.3310755

    Nearby Comparable

    • $595,000
      0.08 Acres

      Ruidoso Commercial Land Investment

      Prime 0.08-acre lot, 1,100 SF
      2319 Sudderth Dr, Ruidoso, NM 88345
      View Details
    • $699,000
      0.18 Acres

      Ruidoso Commercial Property: Prime Location

      Profitable Mid-Town Ruidoso Business
      2213 Sudderth Dr, Ruidoso, NM 88345
      View Details
    • $1,100,000
      19.92 Acres

      Ruidoso Acreage with Creek

      19.92 acres near Midtown with creek and mountain views.
      20a Grindstone Canyon Rd, Ruidoso, NM 88345
      View Details

    Nearby Similar for Sale

    • $399,000
      2,773 SF

      Ruidoso Commercial Property with Storage

      Commercial property featuring storage units and Airbnb rentals in Ruidoso.
      110 Horton Cir, Ruidoso, NM 88345
      View Details

    FAQs

    What type of property is this?
    Land - Prime Retail Space, High Traffic Area
    Where is this land located?
    The property is located at 2319 Sudderth Dr Ruidoso, NM.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price.; 0.08-acre lot with 1,100 square feet of commercial space.; Located at 2319 Sudderth Drive, Ruidoso, NM 88345.
    Request Owner's contact information
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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
    2319 Sudderth Dr Ruidoso, NM 88345
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