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    Tbd Underwood Elephant Butte Radium Springs, NM 88054

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tbd Underwood Elephant Butte

    Property type
    Land

    Description

    This exceptional 39,500 dollar commercial land parcel presents a unique investment opportunity in the desirable Radium Springs area of Doña Ana County, New Mexico. Located at Tbd Underwood Elephant Butte, zip code 88054, this property boasts a prime location near the north end of Elephant Butte Lake, offering significant potential for various commercial ventures. The land is classified as commercial and is ready for development. The precise dimensions and acreage are not specified, but the asking price reflects the strategic value of its location. Given its proximity to the lake, possibilities include businesses catering to recreational activities, tourism, or supporting the local community. The property's address is listed as Tbd Underwood Elephant Butte, indicating that the exact lot number may require further clarification. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and development potential. This is a blank canvas for a discerning investor seeking to capitalize on the area's natural beauty and recreational appeal. The latitude and longitude coordinates are 32.4939319, -106.8997095, providing precise location data for mapping and site analysis. This commercial land offers a rare chance to establish a thriving business in a picturesque New Mexico setting.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Radium Springs
    County
    Doña Ana
    State
    New Mexico
    Longitude
    -106.9
    Latitude
    32.4939

    Comparable in this City

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      1.48 Acres

      45 Underwood Blvd

      Land • 1.48 Acres
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      827 Ft Selden Rd

      RESTAURANT • 3,000 SF
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    • Value Estimation by Request
      600 SF

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      RETAIL STORES (PERSONAL SERVICES) • 600 SF
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      $445,000
      1,500 SF

      12695 State Park Rd

      OFFICE BUILDING • 1,500 SF
      12695 State Park Rd, Radium Springs, NM 88054
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    • Value Estimation
      $1,200,000
      106,912 SF

      2100 County Rd D-061

      INDUSTRIAL (GENERAL) • 106,912 SF
      2100 County Rd D-061, Radium Springs, NM 88054
      View Details
    • Value Estimation
      $470,000
      3,962 SF

      13060 Hwy 185

      RESTAURANT • 3,962 SF
      13060 Hwy 185, Radium Springs, NM 88054
      View Details
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    Tbd Underwood Elephant Butte
    Radium Springs, NM 88054
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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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