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    Property profile & analytics

    Tbd 246 Hwy Capitan, NM 88316

    • Land
    • 285.68 lot acres
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tbd 246 Hwy

    Lot size
    285.68 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 285.68-acre property presents a unique investment opportunity in Lincoln County, New Mexico. Situated just one mile north of Capitan, the land boasts breathtaking panoramic views of the Sierra Blanca, Capitan Mountain Range, and Nogal Peak. Ideal for both recreational and potential development uses, this expansive ranch offers a tranquil escape while remaining conveniently located. The property is a haven for grazing animals, and its location within State hunting unit 37 provides access to some of New Mexico's best elk hunting. For those seeking a more developed lifestyle, the resort town of Ruidoso is a short 15-mile drive. The property's potential extends beyond recreational uses

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Capitan
    County
    Lincoln
    State
    New Mexico
    Longitude
    -105.207
    Latitude
    33.6524

    Comparable in this City

    • Value Estimation by Request
      285.70 Acres

      246 Capitan

      Farms • 285.70 Acres
      246 Capitan, Capitan, NM 88316
      View Details
    • Value Estimation by Request
      0.33 Acres

      1106 Ave

      Land • 1,320 SF
      1106 Ave, Carrizozo, NM 88316
      View Details
    • Value Estimation by Request
      980 SF

      Capitan, NM 88316

      MOBILE HOME PARK, TRAILER PARK • 980 SF
      Capitan, NM 88316
      View Details
    • Value Estimation by Request
      456 SF

      Capitan, NM 88316

      MOBILE HOME PARK, TRAILER PARK • 456 SF
      Capitan, NM 88316
      View Details
    • Value Estimation by Request
      1,440 SF

      Friedenbloom Dr

      MOBILE HOME PARK, TRAILER PARK • 1,440 SF
      Friedenbloom Dr, Capitan, NM 88316
      View Details
    • Value Estimation by Request
      3,400 SF

      553 Nm-48

      Churches & religious facilities • 3,400 SF
      553 Nm-48, Capitan, NM 88316
      View Details

    Similar Nearby for Sale

    • $1,800,000
      285.68 Acres

      Capitan Ranch: 285 Acres

      Prime NM Ranch Land, Stunning Views
      0 Tbd 246 Hwy, Capitan, NM 88316
      View Details
    • $269,000
      3,400 SF

      Capitan Church - $269,000

      Versatile 3,400 sq ft church building on 1.2 acres.
      553 Nm-48, Capitan, NM 88316
      View Details
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    Tbd 246 Hwy
    Capitan, NM 88316
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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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