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    Property profile & analytics

    2964 Hwy 35 Mimbres, NM 88049

    • Commercial real estate
    • 2,310 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0498384
    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

    • Commercial real estate

    Property Details for 2964 Hwy 35

    Year built
    1986
    Construction
    ADOBE
    Lot size
    1.00 lot acres
    Property size
    2,310 SF
    Property type
    Commercial real estate
    APN
    3-063-098-077-315
    APU
    3063098077315

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mimbres
    County
    Grant
    State
    New Mexico
    Longitude
    -107.962
    Latitude
    32.8402
    CBSA code
    43500
    CBSA name
    SILVER CITY, 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
    $969
    $3,500
    $35,959
    $39,459
    -
    $10,500
    $107,877
    $118,377

    Comparable in this City

    • Value Estimation by Request
      5,200 SF

      Mimbres, NM 88049

      SHOW ROOM, WAREHOUSE • 5,200 SF
      Mimbres, NM 88049
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    • Value Estimation
      $360,000
      8,620 SF

      Mimbres, NM 88049

      SHOW ROOM, WAREHOUSE • 8,620 SF
      Mimbres, NM 88049
      View Details
    • Value Estimation by Request
      4,392 SF

      2743 Hwy 35

      SHOW ROOM, WAREHOUSE • 4,392 SF
      2743 Hwy 35, Mimbres, NM 88049-8084
      View Details
    • Value Estimation by Request
      1,458 SF

      102 Wilson

      Commercial real estate • 1,458 SF
      102 Wilson, Mimbres, NM 88049
      View Details
    • Value Estimation by Request
      5.00 Acres

      102 Wilson Rd

      Specialty properties • 5.00 Acres
      102 Wilson Rd, Hanover, NM 88049
      View Details
    • Value Estimation by Request
      6,300 SF

      3090 Hwy 35th N

      COMMERCIAL (GENERAL) • 6,300 SF
      3090 Hwy 35th N, Mimbres, NM 88049
      View Details

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    2964 Hwy 35
    Mimbres, NM 88049
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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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