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    Property profile & analytics

    900 Denby Ave Melrose, NM 88124

    • Retail properties
    • 10,566 SF
    • 2.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Dollar General / Discount Store / Drug Store

    Property Details for 900 Denby Ave

    Year built
    2023
    Lot size
    2.31 lot acres
    Property size
    10,566 SF
    Property type
    Retail properties
    Property subtype
    Grocery and convenience stores

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Curry
    State
    New Mexico
    Longitude
    -103.62
    Latitude
    34.4242

    Comparable in this City

    • Value Estimation by Request
      1,103,960 SF

      2880 Curry Rd Ah

      COMMERCIAL (GENERAL) • 1,103,960 SF
      2880 Curry Rd Ah, Melrose, NM 88124-9447
      View Details
    • Value Estimation by Request
      4.00 Acres

      5256 State Hwy 209

      WAREHOUSE, STORAGE • 4.00 Acres
      5256 State Hwy 209, Melrose, NM 88124
      View Details
    • Value Estimation by Request
      10,566 SF

      800 Denby Ave

      Commercial real estate • 10,566 SF
      800 Denby Ave, Melrose, NM 88124
      View Details
    • Value Estimation by Request
      648.00 Acres

      1398 Curry Rd

      Farms • 648.00 Acres
      1398 Curry Rd, Melrose, NM 88124
      View Details

    Similar Nearby for Sale

    • $599,000
      648.00 Acres

      648 Acre Dryland Farm

      Dryland farm with CRP program near Clovis, New Mexico.
      1398 Curry Rd, Melrose, NM 88124
      View Details
    • $649,999
      3,400 SF

      Melrose Ranch with Barn and Pond

      Spacious ranch on nearly 20 acres with barn and pond.
      3624 Curry 12 Rd, Melrose, NM 88124
      View Details
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    900 Denby Ave
    Melrose, NM 88124
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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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