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    2319 Sudderth Dr Ruidoso, NM 88345

    Sponsored
    For Sale
    $595,000

    Prime 0.08-acre lot, 1,100 SF

    Property size:
    1,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property in Ruidoso, New Mexico, presents a unique investment opportunity. Located at 2319 Sudderth Dr, 88345, this 0.08-acre lot offers 1,100 square feet of buildable space, ideal for a variety of commercial ventures. The property's prime location ensures maximum visibility and high foot traffic, creating a dynamic environment for any business. The bright and inviting atmosphere is perfect for showcasing merchandise and welcoming customers. This is a rare chance to acquire a well-situated commercial lot in a thriving New Mexico community. The asking price is $595,000. The property is zoned for commercial use and is ready for immediate development. Its convenient location provides easy access to local amenities and major transportation routes, making it an attractive option for entrepreneurs and investors alike. The property's size and location make it suitable for a range of commercial uses, from retail shops to professional offices. Don't miss this opportunity to secure a valuable piece of Ruidoso real estate. This property is being offered as-is.

    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.
    • 1,100 square foot special purpose commercial land.
    • Located at 2319 Sudderth Dr, Ruidoso, NM 88345.
    • Prime retail location with high visibility and foot traffic.
    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
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      Ruidoso Commercial Land Investment

      Prime Retail Space, High Traffic Area
      2319 Sudderth Dr, Ruidoso, NM 88345
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    • $699,000
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      Ruidoso Commercial Property: Prime Location

      Profitable Mid-Town Ruidoso Business
      2213 Sudderth Dr, Ruidoso, NM 88345
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    • $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
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    • $525,000
      1.02 Acres

      Ruidoso Commercial Land - $525K

      High-traffic location, prime commercial lot.
      630 Sudderth Dr, Ruidoso, NM 88345
      View Details
    • New
      Contact for pricing
      0.20 Acres

      Commercial Lot Near Downtown Ruidoso

      0.2-acre commercial lot, 2.2 miles south of downtown Ruidoso.
      2 High Rocky Rd, Ruidoso, NM 88345
      View Details
    • $37,500
      0.13 Acres

      Ruidoso Land with Utilities Access

      0.13-acre lot with water and sewer access in Ruidoso.
      405 Brady Canyon Rd, Ruidoso, NM 88345
      View Details

    FAQs

    What type of property is this?
    Land - Prime 0.08-acre lot, 1,100 SF
    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.; 1,100 square foot special purpose commercial land.
    Request Owner's contact information
    2319 Sudderth Dr Ruidoso, NM 88345
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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
    2319 Sudderth Dr Ruidoso, NM 88345
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