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    553 Nm-48 Capitan, NM 88316

    Sponsored
    For Sale
    $269,000

    Versatile 3,400 sq ft church building on 1.2 acres.

    Property size:
    3,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,400 square foot special purpose property, located at 553 State Hwy 48 in Capitan, New Mexico, presents a unique investment opportunity. Currently configured as a church, this adaptable building sits on a 1.2-acre lot and offers a multitude of potential uses. The asking price is $269,000, translating to a price per square foot of $79.12. The property's APN is 4-077-050-052-374. Its versatile layout and ample space make it suitable for a variety of commercial enterprises, public or commercial amusement ventures, or even a unique entertainment venue. Imagine transforming this established building into a thriving home-based business, a community gathering space, or a creative commercial endeavor. The property's location in Capitan, Lincoln County, New Mexico (zip code 88316), offers a blend of rural charm and accessibility. Showings are by appointment only. This property is ready for its next chapter, and the possibilities are as limitless as your imagination. Don't miss this chance to acquire a substantial property with significant potential in a desirable location.

    Property Features for 553 Nm-48

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    3,400 SF
    Lot Size
    52,272 SF

    HighLights

    • 3,400 SF special purpose building on a 1.2‑acre lot in Capitan, NM.
    • Asking price: $269,000 ($79.12/SF).
    • APN: 4‑077‑050‑052‑374.
    • Currently configured as a church, adaptable for various commercial uses.
    • Located at 553 State Hwy 48, Capitan, NM 88316.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Map

    City
    Capitan
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.5885442
    Latitude
    33.5389431

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    FAQs

    What type of property is this?
    Church & religious facility - Versatile 3,400 sq ft church building on 1.2 acres.
    Where is this church & religious facility located?
    The property is located at 553 Nm-48 Capitan, NM.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: 3,400 SF special purpose building on a 1.2-acre lot in Capitan, NM.; Asking price: $269,000 ($79.12/SF).; APN: 4-077-050-052-374.
    Request Owner's contact information
    553 Nm-48 Capitan, NM 88316
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    Capitan, NM 88316
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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
    553 Nm-48 Capitan, NM 88316
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