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Property profile & analytics
OFF-MARKET
Commercial real estate

370 Ottawa Rd Hagerman, NM 88232

5.61 ac lot
Individually Owned
Property ID
US61-0862601
Property summary
AI-generated overview

This exceptional 5.61-acre lot presents a unique opportunity to build your dream home in the peaceful Hagerman, New Mexico area. Located at 370 E Ottawa Road, Chaves County, NM 88232 (33.095078, -104.374252), this expansive property offers the perfect blend of tranquility and convenience. The land is ready for immediate development, boasting a recently installed well and readily available electricity, eliminating significant upfront infrastructure costs. Escape the hustle and bustle of city life while still enjoying easy access to local amenities. This property is ideal for those seeking a spacious, private setting to construct their custom home. The 5.61 acres provide ample space for a large home, landscaping, and potential outbuildings. The asking price for this remarkable property is $79,900. Don't miss this chance to own a piece of New Mexico and begin building your future. This is a rare opportunity to acquire a move-in ready lot with essential utilities already in place. Contact us today to learn more and schedule a viewing.

Property profile
Verified
Property type Commercial real estate
Lot 5.61 ac (244,372 SF)
UPID US61-0862601
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joshua Andrew Manz
Joshua Andrew Manz
since 2025
3 recorded transactions
2025
Price N/A
2024
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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