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Property profile & analytics
OFF-MARKET
Land

386 Des Moines Rd St Ruidoso, NM 88323

40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre parcel in Chaves County, New Mexico, presents a unique opportunity for land acquisition. Located at 386 Des Moines Rd, Hagerman, NM 88323 (33.5615099, -105.4653897), this property boasts breathtaking valley views and is frequently visited by antelope. The land offers ample space for a variety of uses, from building a custom home to recreational activities. Imagine the possibilities – creating your own country retreat, enjoying the peace and quiet of rural New Mexico, or simply owning a piece of this beautiful landscape. The asking price is $65,000. Attractive owner financing is available, with a 5% down payment, a 5% interest rate, and monthly payments amortized over a 30-year note. A balloon payment is due in the 15th year. This is a limited-time offer, making it an ideal investment for those seeking a tranquil and spacious property with significant potential. Don't miss this chance to own a piece of the New Mexico countryside. The property is conveniently located near Ruidoso, offering easy access to amenities while maintaining a secluded atmosphere.

Property profile
Verified
Property type Land
Lot 40 ac (1,742,400 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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