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    25982 Us-70 Ruidoso, NM 88345

    For Sale
    $749,000

    High-traffic location, 0.63 acres

    Property size:
    8,862 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.63-acre commercial lot, totaling 8,862 square feet, presents a remarkable investment opportunity in Ruidoso, New Mexico. Located at 25982 US-70, this property boasts a highly desirable location, situated next to Otero Federal Credit Union and across the street from Sierra Blanca Motors. Its proximity to numerous thriving businesses, including K-Bob's, Bealls, and other commercial establishments, ensures high visibility and significant foot traffic. Currently leased to the New Mexico Motor Vehicle Division (MVD), the property offers existing income potential and ample space for expansion or redevelopment. The lot features excellent parking and is ideal for a variety of commercial uses, capitalizing on the area's robust economy and strong consumer base. County records confirm the 0.633-acre size. The surrounding area includes a diverse range of businesses, from the Lincoln County Medical Hospital and RV parks to hotels, motels, Big 5 Sporting Goods, and the Humane Society of Lincoln County, creating a vibrant and thriving commercial environment. This property offers a unique blend of existing income and future development potential, making it an exceptional investment opportunity in a prime Ruidoso location. The asking price is $749,000.

    Property Features for 25982 Us-70

    General Information

    Property type
    Land
    Square Feet
    8,862 SF
    Lot Size
    27,443 SF

    HighLights

    • 0.63‑acre commercial lot (8,862 sq ft) in Ruidoso, NM, located at 25982 US‑70.
    • High‑visibility location near Otero Federal Credit Union and Sierra Blanca Motors, with proximity to other major businesses.
    • Currently leased to the New Mexico Motor Vehicle Division (MVD), generating existing income.
    • Excellent parking and suitable for various commercial uses.
    • Asking price: $749,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ruidoso
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.6426969
    Latitude
    33.3096693

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    FAQs

    What type of property is this?
    Land - High-traffic location, 0.63 acres
    Where is this land located?
    The property is located at 25982 Us-70 Ruidoso, NM.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: 0.63-acre commercial lot (8,862 sq ft) in Ruidoso, NM, located at 25982 US-70.; High-visibility location near Otero Federal Credit Union and Sierra Blanca Motors, with proximity to other major businesses.; Currently leased to the New Mexico Motor Vehicle Division (MVD), generating existing income.
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    Ruidoso, NM 88345
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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
    25982 Us-70 Ruidoso, NM 88345
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