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Property profile & analytics
OFF-MARKET
Land

363 Des Moines Rd St Ruidoso, NM 88323

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre parcel of land presents a unique opportunity for those seeking a tranquil country setting in Chaves County, New Mexico. Located at 363 Des Moines Rd Street, Hagerman, NM 88323 (33.5615099, -105.4653897), this property boasts breathtaking valley views and is known for frequent antelope sightings. The expansive acreage offers ample space for a variety of uses, from building a custom home to establishing recreational areas or pursuing other personal endeavors. The land is ideally suited for those seeking privacy and a connection with nature. The asking price for this remarkable property is $62,500. This represents an excellent investment opportunity, particularly given the availability of owner financing. The property's location in Chaves County provides easy access to local amenities while maintaining a sense of seclusion. Buyers are encouraged to explore the possibilities this expansive land offers and envision their dream project taking shape amidst the stunning natural beauty of the area. The generous lot size provides ample room for building, recreation, or any number of uses. Don't miss this chance to own a piece of the New Mexico countryside.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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