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    36 Lake Van Dr Dexter, NM 88230

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 36 Lake Van Dr

    Property type
    Land

    Description

    This exceptional 18,469.44 square foot lot presents a unique opportunity to build your dream home in Dexter, New Mexico. Located at 36 Lake Van Drive, this property boasts a prime lakeside location directly facing Lake Van, offering breathtaking views. The expansive lot provides ample space for a custom-designed residence, allowing for the creation of a home that perfectly reflects your individual style and needs. Imagine waking up to stunning lake vistas and enjoying the convenience of lakeside living. The address is conveniently situated within the city of Dexter, in Chaves County, New Mexico, with the zip code 88230. The coordinates are 33.1927122 latitude and -104.3600057 longitude. This is a remarkable chance to acquire a piece of lakeside property and create the home you've always envisioned. The asking price for this exceptional lot is $46,000. Don't miss this opportunity to unlock the potential of lakeside living.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dexter
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.36
    Latitude
    33.1927

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    36 Lake Van Dr
    Dexter, NM 88230
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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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