Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2A Hwy 15 Hwy Hanover, NM 88049

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

    Current Use by Public Records

    • Land

    Property Details for 2A Hwy 15 Hwy

    Lot size
    9.17 lot acres
    Property type
    Land

    Description

    This exceptional 9.17-acre parcel of land presents a unique investment opportunity in Grant County, New Mexico. Located in Hanover, near the intersection of State Highway 15 and 35, this property boasts a picturesque setting above Sapillo Creek. The land is predominantly wooded, featuring a mix of Ponderosa Pine and Pinon trees, creating a tranquil and naturally beautiful environment. The expansive lot size offers considerable flexibility for a variety of potential uses, making it an attractive prospect for developers, investors, or individuals seeking a secluded and spacious property. The address is Lot 2A Hwy 15 Highway, Lake Roberts, NM 88049. With its convenient location and abundant natural beauty, this property is poised for significant future development or simply provides a peaceful retreat. The asking price for this remarkable land is $110,000. The property's latitude and longitude coordinates are 32.8422371 and -107.9739244 respectively. Serious inquiries are encouraged.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Grant
    State
    New Mexico
    Longitude
    -107.974
    Latitude
    32.8422

    Comparable in this City

    • Value Estimation by Request
      40.00 Acres

      Tbd Wilson Rd

      Land • 40.00 Acres
      0 Tbd Wilson Rd, Hanover, NM 88049
      View Details
    • Value Estimation by Request
      27.24 Acres

      5 Hwy 35 Hwy

      Land • 27.24 Acres
      5 Hwy 35 Hwy, Mimbres, NM 88049
      View Details
    • Value Estimation by Request
      5,200 SF

      Mimbres, NM 88049

      SHOW ROOM, WAREHOUSE • 5,200 SF
      Mimbres, NM 88049
      View Details
    • Value Estimation by Request
      3,300 SF

      3666 Hwy 35

      RETAIL STORES (PERSONAL SERVICES) • 3,300 SF
      3666 Hwy 35, Mimbres, NM 88049
      View Details
    • Value Estimation
      $360,000
      8,620 SF

      Mimbres, NM 88049

      SHOW ROOM, WAREHOUSE • 8,620 SF
      Mimbres, NM 88049
      View Details
    • Value Estimation by Request
      0.90 Acres

      3091 Hwy 35th N

      CHARITABLE ORGANIZATION • 0.90 Acres
      3091 Hwy 35th N, Mimbres, NM 88049
      View Details

    Similar Nearby for Sale

    • $187,000
      6.26 Acres

      Lake Roberts Commercial Land Parcel

      6.26-acre commercial property near Lake Roberts with creek and horses.
      5 Chestnut St, Mimbres, NM 88049
      View Details
    • $149,900
      21.58 Acres

      Mimbres Land with Mountain Views

      21.58 acres in Mimbres, NM with utilities and cabin.
      324 Caballo Blanco, Mimbres, NM 88049
      View Details
    • $31,000
      0.74 Acres

      Land in Casas Adobes Subdivision

      0.746-acre land with views of Mimbres Valley and Black Range.
      249 Caballo Blanco, Mimbres, NM 88049
      View Details
    • $189,000
      4.29 Acres

      Land with Gila Views

      4.29-acre property with views, well, power, and storage sheds.
      1076 Highway 35, Mimbres, NM 88049
      View Details
    • $500,000
      Pending

      Mimbres Valley Live-Work Resort

      Live and work in paradise. Perfect for retreats and events.
      102 Wilson Rd, Mimbres, NM 88049
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2A Hwy 15 Hwy
    Hanover, NM 88049
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.