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    553 Nm-48 Capitan, NM 88316

    • Specialty properties
    • 3,400 SF
    • 1.20 lot acres
    For Sale
    View listing
    $269,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 553 Nm-48

    Lot size
    1.20 lot acres
    Property size
    3,400 SF
    Property type
    Specialty properties
    Property subtype
    Churches & religious facilities

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Capitan
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.589
    Latitude
    33.5389

    Comparable in this City

    • Value Estimation by Request
      980 SF

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      MOBILE HOME PARK, TRAILER PARK • 980 SF
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      456 SF

      Capitan, NM 88316

      MOBILE HOME PARK, TRAILER PARK • 456 SF
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    • Value Estimation by Request
      1,440 SF

      Friedenbloom Dr

      MOBILE HOME PARK, TRAILER PARK • 1,440 SF
      Friedenbloom Dr, Capitan, NM 88316
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    • Value Estimation by Request
      285.70 Acres

      246 Capitan

      Farms • 285.70 Acres
      246 Capitan, Capitan, NM 88316
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    • Value Estimation by Request
      896 SF

      202 Bancroft Rd

      MOBILE HOME PARK, TRAILER PARK • 896 SF
      202 Bancroft Rd, Capitan, NM 88316
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    • Value Estimation by Request
      840 SF

      2nd St

      MOBILE HOME PARK, TRAILER PARK • 840 SF
      2nd St, Capitan, NM 88316
      View Details

    Similar Nearby for Sale

    • $269,000
      3,400 SF

      Capitan Church - $269,000

      Versatile 3,400 sq ft church building on 1.2 acres.
      553 Nm-48, Capitan, NM 88316
      View Details
    • $1,800,000
      285.68 Acres

      Capitan Ranch: 285 Acres

      Prime NM Ranch Land, Stunning Views
      0 Tbd 246 Hwy, Capitan, NM 88316
      View Details
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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
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