Current Use by Public Records
- Specialty properties
Property Details for 25982 Us-70
- Lot size
- 0.63 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 0.63-acre commercial lot, totaling 8,862 square feet, presents a remarkable investment opportunity in Ruidoso, New Mexico. Located at 25982 US-70, this property boasts a highly desirable location, situated next to Otero Federal Credit Union and across the street from Sierra Blanca Motors. Its proximity to numerous thriving businesses, including K-Bob's, Bealls, and other commercial establishments, ensures high visibility and significant foot traffic. Currently leased to the New Mexico Motor Vehicle Division (MVD), the property offers existing income potential and ample space for expansion or redevelopment. The lot features excellent parking and is ideal for a variety of commercial uses, capitalizing on the area's robust economy and strong consumer base. County records confirm the 0.633-acre size. The surrounding area includes a diverse range of businesses, from the Lincoln County Medical Hospital and RV parks to hotels, motels, Big 5 Sporting Goods, and the Humane Society of Lincoln County, creating a vibrant and thriving commercial environment. This property offers a unique blend of existing income and future development potential, making it an exceptional investment opportunity in a prime Ruidoso location. The asking price is $749,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ruidoso
- County
- Lincoln
- State
- New Mexico
- Longitude
- -105.643
- Latitude
- 33.3097
