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    3 Lot 15 Hwy Silver City, NM 88061

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

    Current Use by Public Records

    • Land

    Property Details for 3 Lot 15 Hwy

    Lot size
    5.47 lot acres
    Property type
    Land

    Description

    This exceptional 5.47-acre lot, located in the desirable Ranch Home Estates Subdivision in Silver City, New Mexico, presents a unique opportunity for building a custom home. The property boasts breathtaking views, making it an ideal location for those seeking a tranquil and scenic setting. Situated at 3 Lot 15 Highway, Silver City, NM 88061 (33.0080264, -108.2227473), this expansive lot offers ample space for a spacious residence and potential landscaping. The land is conveniently located in Grant County, providing easy access to local amenities and attractions while maintaining a sense of seclusion. Priced at $70,000, this property represents an excellent value for its size, location, and potential. The expansive acreage provides ample room for a variety of design possibilities, allowing for the creation of a truly personalized home and landscape. Don't miss this chance to own a piece of this beautiful New Mexico landscape and build your dream home in a peaceful and picturesque setting. The lot is ready for development, offering a blank canvas for your vision.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Silver City
    County
    Grant
    State
    New Mexico
    Longitude
    -108.223
    Latitude
    33.008

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    3 Lot 15 Hwy
    Silver City, NM 88061
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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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