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    377 Des Moines Rd St Ruidoso, NM 88323

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

    Current Use by Public Records

    • Land

    Property Details for 377 Des Moines Rd St

    Lot size
    40.00 lot acres
    Property type
    Land

    Description

    This exceptional 40-acre parcel of land presents a unique opportunity for those seeking a tranquil country setting in Chaves County, New Mexico. Located at 377 Des Moines Rd Street, Hagerman, NM 88323 (33.5615099, -105.4653897), this property boasts breathtaking valley views and is known for frequent visits from local antelope. The expansive acreage offers ample space for a variety of uses, from building a custom home to establishing recreational areas or pursuing other personal projects. The land's versatility makes it ideal for those seeking a peaceful retreat or a place to build their dream property. The asking price for this remarkable piece of New Mexico land is $62,500. This represents an excellent investment opportunity, particularly given the availability of owner financing. The property is conveniently located in a rural area, yet still offers access to local amenities and services. Buyers are encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended use. Don't miss this chance to own a piece of the New Mexico countryside. Contact us today to learn more and schedule a viewing.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ruidoso
    County
    Chaves
    State
    New Mexico
    Longitude
    -105.465
    Latitude
    33.5615

    Comparable in this City

    • Value Estimation by Request
      40.00 Acres

      386 Des Moines Rd St

      Land • 40.00 Acres
      386 Des Moines Rd St, Ruidoso, NM 88323
      View Details
    • Value Estimation by Request
      40.00 Acres

      364 Des Moines Rd St

      Land • 40.00 Acres
      364 Des Moines Rd St, Ruidoso, NM 88323
      View Details
    • Value Estimation by Request
      40.00 Acres

      363 Des Moines Rd St

      Land • 40.00 Acres
      363 Des Moines Rd St, Ruidoso, NM 88323
      View Details
    • Value Estimation by Request
      40.00 Acres

      382 Des Moines Rd St

      Land • 40.00 Acres
      382 Des Moines Rd St, Ruidoso, NM 88323
      View Details
    • Value Estimation by Request
      40.00 Acres

      361 Des Moines Rd St

      Land • 40.00 Acres
      361 Des Moines Rd St, Ruidoso, NM 88323
      View Details
    • Value Estimation by Request
      40.00 Acres

      379 Des Moines Rd St

      Land • 40.00 Acres
      379 Des Moines Rd St, Ruidoso, NM 88323
      View Details

    Similar Nearby for Sale

    • $65,000
      40.00 Acres

      40 Acres in Chaves County, NM

      Prime Country Acreage, Owner Financing Available
      386 Des Moines Rd St, Ruidoso, NM 88323
      View Details
    • $62,500
      40.00 Acres

      40 Acres Chaves County Land

      Prime Country Acreage, Stunning Views
      361 Des Moines Rd St, Ruidoso, NM 88323
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    • $62,500
      40.00 Acres

      40 Acres Ruidoso, NM Land

      Prime Country Acreage, Stunning Views
      360 Des Moines Rd St, Ruidoso, NM 88323
      View Details
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    377 Des Moines Rd St
    Ruidoso, NM 88323
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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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