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    Property profile & analytics

    000 Spokan Rd Lake Arthur, NM 88253

    • Land
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 000 Spokan Rd

    Lot size
    20.00 lot acres
    Property type
    Land

    Description

    This exceptional 20-acre property, located at 000 Spokan Road in Lake Arthur, New Mexico, presents a unique opportunity for those seeking ample space and rural tranquility. Situated in Chaves County, zip code 88253, this land offers a blank canvas for your vision. The asking price is $90,000. The expansive lot size provides ample room for a variety of uses, including the construction of a custom home, the placement of a manufactured home, or other potential development projects. The property's location in Lake Arthur, New Mexico offers a peaceful setting while still providing access to essential amenities and services. With its generous acreage and desirable location, this property represents an excellent investment opportunity for those seeking a substantial landholding in a picturesque New Mexico setting. The latitude and longitude coordinates are 33.0117517 and -104.3653898 respectively. This is a rare opportunity to acquire a significant parcel of land in a desirable location. Don't miss out on the chance to own this remarkable property. The property is classified as land.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lake Arthur
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.365
    Latitude
    33.0118

    Comparable in this City

    • Value Estimation by Request
      80.45 Acres

      00 Pueblo Rd

      Land • 80.45 Acres
      00 Pueblo Rd, Lake Arthur, NM 88253
      View Details
    • Value Estimation by Request
      20.00 Acres

      000 Spokan Rd

      Land • 20.00 Acres
      000 Spokan Rd, Lake Arthur, NM 88253
      View Details
    • Value Estimation by Request
      80.45 Acres

      Pueblo Rd

      Land • 80.45 Acres
      0 Pueblo Rd, Lake Arthur, NM 88253
      View Details
    • Value Estimation by Request
      1,413 SF

      627 Jicarilla Rd

      CENTRALLY ASSESSED • 1,413 SF
      627 Jicarilla Rd, Lake Arthur, NM 88253
      View Details
    • Value Estimation by Request
      1.00 Acre

      446 Anita Rd

      CENTRALLY ASSESSED • 1.00 Acre
      446 Anita Rd, Lake Arthur, NM 88253-9602
      View Details
    • Value Estimation by Request
      11,426 SF

      90 Medlin Rnch Rd

      CENTRALLY ASSESSED • 11,426 SF
      90 Medlin Rnch Rd, Lake Arthur, NM 88253
      View Details
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    000 Spokan Rd
    Lake Arthur, NM 88253
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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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