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    Property profile & analytics

    303 Paseo Real Dr Chaparral, NM 88081-7920

    • Office buildings
    • 3,977 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Location Intelligence
    Property ID
    US61-0197471
    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 303 Paseo Real Dr

    Year built
    2017
    Lot size
    0.62 lot acres
    Property size
    3,977 SF
    Zone code
    T5
    Property type
    Office buildings
    APN
    4-029-155-035-015
    APU
    4029155035015

    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
    Dona Ana
    State
    New Mexico
    Longitude
    -106.41
    Latitude
    32.0234
    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
    $5,688
    $0.00
    $177,321
    $177,321
    -
    $0.00
    $531,963
    $531,963

    Comparable in this City

    • Value Estimation
      $405,000
      1,344 SF

      491 Angelina Blvd

      OFFICE BUILDING • 1,344 SF
      491 Angelina Blvd, Chaparral, NM 88081-7784
      View Details
    • Value Estimation by Request
      400 SF

      538 State Line Dr

      OFFICE BUILDING • 400 SF
      538 State Line Dr, Chaparral, NM 88081-7745
      View Details
    • Value Estimation
      $415,000
      1,961 SF

      516 Mccombs Rd

      OFFICE BUILDING • 1,961 SF
      516 Mccombs Rd, Chaparral, NM 88081-7942
      View Details
    • Value Estimation
      $410,000
      3,007 SF

      301 Paseo Real Dr

      OFFICE BUILDING • 3,007 SF
      301 Paseo Real Dr, Chaparral, NM 88081-7920
      View Details
    • Value Estimation by Request
      1,890 SF

      Chaparral, NM 88081

      OFFICE BUILDING • 1,890 SF
      Chaparral, NM 88081
      View Details
    • Value Estimation
      $470,000
      1,800 SF

      492 Calle Del Norte

      OFFICE BUILDING • 1,800 SF
      492 Calle Del Norte, Chaparral, NM 88081-7600
      View Details

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    Chaparral, NM 88081-7920
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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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