553 Nm-48 Capitan, NM 88316
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.
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
Similar Nearby for Sale
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.