363 Des Moines Rd St Ruidoso, NM 88323
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.