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    Property profile & analytics

    131 Bookout Rd Tularosa, NM 88352-9217

    • Office buildings
    • 1,920 SF
    • 2.96 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0532305
    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

    • Office buildings

    Property Details for 131 Bookout Rd

    Year built
    1987
    Lot size
    2.96 lot acres
    Property size
    1,920 SF
    Property type
    Office buildings
    APN
    04O4052081090450
    APU
    04O4052081090450

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tularosa
    County
    Otero
    State
    New Mexico
    Longitude
    -106.007
    Latitude
    33.0934
    CBSA code
    10460
    CBSA name
    ALAMOGORDO, NM MICROPOLITAN 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
    $2,503
    $8,333
    $105,598
    $113,931
    -
    $25,000
    $316,794
    $341,794

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      43 St Francis Dr

      OFFICE BUILDING • 1,800 SF
      43 St Francis Dr, Tularosa, NM 88352-2770
      View Details
    • Value Estimation by Request
      3,500 SF

      311 Granado St

      OFFICE BUILDING • 3,500 SF
      311 Granado St, Tularosa, NM 88352-2749
      View Details
    • Value Estimation by Request
      700 SF

      314 Granado St

      OFFICE BUILDING • 700 SF
      314 Granado St, Tularosa, NM 88352-2750
      View Details
    • Value Estimation by Request
      912 SF

      117 St Francis Dr

      OFFICE BUILDING • 912 SF
      117 St Francis Dr, Tularosa, NM 88352-2719
      View Details
    • Value Estimation by Request
      2,693 SF

      705 St Francis Dr

      OFFICE BUILDING • 2,693 SF
      705 St Francis Dr, Tularosa, NM 88352-2731
      View Details
    • Value Estimation by Request
      1,080 SF

      503 Central Ave

      OFFICE BUILDING • 1,080 SF
      503 Central Ave, Tularosa, NM 88352-2015
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Tularosa Farm: 244 Acres Development

      Prime Otero County farmland, abundant structures.
      755 Riata Rd, Tularosa, NM 88352
      View Details
    • $50,000
      2.71 Acres

      Land in Tularosa, New Mexico

      2.71 acres of land near Alamogordo, NM.
      26 White Mountain Rd, Tularosa, NM 88352
      View Details
    • $4,200,000

      244-Acre Alfalfa Farm/Horse Facility

      244-acre alfalfa farm or horse raising facility for sale.
      755 Riata Rd, Tularosa, NM 88352
      View Details
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    131 Bookout Rd
    Tularosa, NM 88352-9217
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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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