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    107 Mesa Grande Rd Elephant Butte, NM 87935

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 107 Mesa Grande Rd

    Property type
    Land

    Description

    This 8,712 square foot lot in Elephant Butte, New Mexico, presents a unique opportunity to build a custom home within a premier golf course community. Located at 107 Mesa Grande Road, 87935, this property offers unparalleled access to outdoor recreation. Just five minutes from Elephant Butte Lake, residents enjoy world-class hunting, fishing, boating, and hiking opportunities. The area boasts stunning year-round weather, ideal for outdoor enthusiasts. The community features a state-of-the-art country club with outstanding amenities. This homesite is ready for immediate construction, with various meticulously designed floor plans available for customization. Buyers can personalize their new home with preferred colors and finishes, with a projected move-in ready timeframe of under seven months. The asking price for this exceptional homesite is $79,000. This is an exceptional opportunity to own a piece of this desirable New Mexico community. The property is situated in Sierra County and offers a convenient location near Turtleback Mountain Resort.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elephant Butte
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.224
    Latitude
    33.1704

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    107 Mesa Grande Rd
    Elephant Butte, NM 87935
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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
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