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    502 Jicarilla Rd. Rd Hagerman, NM 88232

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

    Current Use by Public Records

    • Land

    Property Details for 502 Jicarilla Rd. Rd

    Lot size
    29.90 lot acres
    Property type
    Land

    Description

    This exceptional 29.9-acre land parcel is located in Hagerman, New Mexico, within Chaves County, and offers significant potential for various development projects. The property is conveniently situated at 502 Jicarilla Rd. Road, 88232, with GPS coordinates 33.1157495 latitude and -104.3559158 longitude. The expansive lot size provides ample space for a wide range of uses, from residential subdivisions to commercial ventures, or simply as a large-scale private holding. The asking price for this significant land opportunity is $54,000. Given its size and location in Hagerman, this property presents a compelling investment opportunity for those seeking a substantial land holding in a desirable New Mexico location. The property is classified as vacant land, providing a blank canvas for future development plans. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their intended purpose. All information provided is believed to be accurate but is not guaranteed and should be independently verified.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hagerman
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.356
    Latitude
    33.1157

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    502 Jicarilla Rd. Rd
    Hagerman, NM 88232
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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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