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    Property profile & analytics

    1690 State Line Dr Chaparral, NM 88081

    • Warehouses
    • 5,000 SF
    • 20.00 lot acres
    OFF-MARKET
    Value Estimation
    $410,000
    Location Intelligence
    Property ID
    US61-0386527
    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

    • Warehouses

    Property Details for 1690 State Line Dr

    Year built
    2010
    Lot size
    20.00 lot acres
    Property size
    5,000 SF
    Property type
    Warehouses
    APN
    16N4033156490180
    APU
    16N4033156490180

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chaparral
    County
    Otero
    State
    New Mexico
    Longitude
    -106.327
    Latitude
    32.0034
    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
    2024
    $2,789
    $23,333
    $63,845
    $87,178
    -
    $70,000
    $191,535
    $261,535

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      216 Calle Del Norte

      WAREHOUSE, STORAGE • 3,000 SF
      216 Calle Del Norte, Chaparral, NM 88081-7512
      View Details
    • Value Estimation
      $395,000
      3,510 SF

      435 Chaparral Dr

      MINI-WAREHOUSE, STORAGE • 3,510 SF
      435 Chaparral Dr, Chaparral, NM 88081-7910
      View Details
    • Value Estimation
      $400,000
      1,830 SF

      813 Windmill Dr

      WAREHOUSE, STORAGE • 1,830 SF
      813 Windmill Dr, Chaparral, NM 88081-7671
      View Details
    • Value Estimation by Request
      5,051 SF

      720 Hermosa Dr

      WAREHOUSE, STORAGE • 5,051 SF
      720 Hermosa Dr, Chaparral, NM 88081-7523
      View Details
    • Value Estimation
      $745,000
      27,500 SF

      1137 Luna Dr

      WAREHOUSE, STORAGE • 27,500 SF
      1137 Luna Dr, Chaparral, NM 88081-7799
      View Details
    • Value Estimation
      $385,000
      4,800 SF

      312 Mccombs Rd

      WAREHOUSE, STORAGE • 4,800 SF
      312 Mccombs Rd, Chaparral, NM 88081-7937
      View Details

    Similar Nearby for Sale

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      Mobile Home Park Investment Opportunity

      Mobile home park with income and expansion potential in Otero County.
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    1690 State Line Dr
    Chaparral, NM 88081
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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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