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    Property profile & analytics

    12616 Hwy 478 Mesquite, NM 88048

    • Retail space
    • 2,540 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 18, 2025
    Location Intelligence
    Property ID
    US61-0324398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 12616 Hwy 478

    Year built
    1929
    Construction
    ADOBE
    Lot size
    0.15 lot acres
    Property size
    2,540 SF
    Zone code
    T4
    Property type
    Retail space
    APN
    4-012-145-105-164
    APU
    4012145105164

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mesquite
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -106.697
    Latitude
    32.1661
    CBSA code
    29740
    CBSA name
    LAS CRUCES, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $534
    $3,333
    $12,650
    $15,983
    -
    $10,000
    $37,950
    $47,950

    Comparable in this City

    • Value Estimation by Request
      2,563 SF

      15900 Stern Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,563 SF
      15900 Stern Dr, Mesquite, NM 88048
      View Details
    • Value Estimation by Request
      1,175 SF

      12208 Hwy 478

      RETAIL STORES (PERSONAL SERVICES) • 1,175 SF
      12208 Hwy 478, Mesquite, NM 88048-5214
      View Details
    • Value Estimation
      $790,000
      29,100 SF

      125 Mesquite Dr

      RETAIL STORES (PERSONAL SERVICES) • 29,100 SF
      125 Mesquite Dr, Mesquite, NM 88048
      View Details
    • Value Estimation
      $340,000
      2,000 SF

      199 La Fe Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,000 SF
      199 La Fe Ave, Mesquite, NM 88048-9517
      View Details
    • Value Estimation
      $600,000
      14,240 SF

      12000 Stern Dr

      RETAIL STORES (PERSONAL SERVICES) • 14,240 SF
      12000 Stern Dr, Mesquite, NM 88048
      View Details
    • Value Estimation by Request
      3,371 SF

      12516 Hwy 478th, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 3,371 SF
      12516 Hwy 478th, Mesquite, NM 88048
      View Details

    Similar Nearby for Sale

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    • New
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      Mesquite Home with Modern Updates

      Updated Mesquite home featuring modern amenities and spacious backyard.
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    • $1,400,000

      Industrial Land with Home

      Industrial land with a home and I-2 zoning.
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    12616 Hwy 478
    Mesquite, NM 88048
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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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