386 Des Moines Rd St Ruidoso, NM 88323
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.