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    386 Des Moines Rd St Ruidoso, NM 88323

    For Sale
    $65,000

    Prime Country Acreage, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 40-acre parcel in Chaves County, New Mexico, presents a unique opportunity for land acquisition. Located at 386 Des Moines Rd, Hagerman, NM 88323 (33.5615099, -105.4653897), this property boasts breathtaking valley views and is frequently visited by antelope. The land offers ample space for a variety of uses, from building a custom home to recreational activities. Imagine the possibilities – creating your own country retreat, enjoying the peace and quiet of rural New Mexico, or simply owning a piece of this beautiful landscape. The asking price is $65,000. Attractive owner financing is available, with a 5% down payment, a 5% interest rate, and monthly payments amortized over a 30-year note. A balloon payment is due in the 15th year. This is a limited-time offer, making it an ideal investment for those seeking a tranquil and spacious property with significant potential. Don't miss this chance to own a piece of the New Mexico countryside. The property is conveniently located near Ruidoso, offering easy access to amenities while maintaining a secluded atmosphere.

    Property Features for 386 Des Moines Rd St

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • $65,000 asking price.
    • 40‑acre land parcel.
    • Located at 386 Des Moines Rd, Hagerman, NM 88323, Chaves County.
    • Owner financing available: 5% down, 5% interest, 30‑year amortization with a balloon payment in year 15.
    • Exceptional valley views; abundant wildlife.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ruidoso
    County
    Chaves
    State
    New Mexico
    Longitude
    -105.4653897
    Latitude
    33.5615099

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    FAQs

    What type of property is this?
    Land - Prime Country Acreage, Owner Financing Available
    Where is this land located?
    The property is located at 386 Des Moines Rd St Ruidoso, NM.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: $65,000 asking price.; 40-acre land parcel.; Located at 386 Des Moines Rd, Hagerman, NM 88323, Chaves County.
    Request Owner's contact information
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    Ruidoso, NM 88323
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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
    386 Des Moines Rd St Ruidoso, NM 88323
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