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    Property profile & analytics

    419 County Line Dr Chaparral, NM 88081-7801

    • Grocery and convenience stores
    • 960 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0840174
    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

    • Grocery and convenience stores

    Property Details for 419 County Line Dr

    Year built
    2008
    Construction
    WOOD FRAME
    Lot size
    0.75 lot acres
    Property size
    960 SF
    Property type
    Grocery and convenience stores
    APN
    16N4031154007340
    APU
    16N4031154007340

    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
    -106.377
    Latitude
    32.0281
    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
    $1,188
    $5,667
    $33,597
    $39,264
    -
    $17,000
    $100,791
    $117,791

    Comparable in this City

    • Value Estimation
      $365,000
      2,414 SF

      809 Hermosa Dr Spc A

      CONVENIENCE STORE • 2,414 SF
      809 Hermosa Dr Spc A, Chaparral, NM 88081-7395
      View Details
    • Value Estimation
      $390,000
      2,500 SF

      328 Angelina Blvd

      CONVENIENCE STORE • 2,500 SF
      328 Angelina Blvd, Chaparral, NM 88081-7582
      View Details
    • Value Estimation
      $390,000
      3,466 SF

      701 Hermosa Dr

      CONVENIENCE STORE • 3,466 SF
      701 Hermosa Dr, Chaparral, NM 88081-7523
      View Details
    • Value Estimation
      $330,000
      3,200 SF

      431 Mccombs Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      431 Mccombs Rd, Chaparral, NM 88081-7940
      View Details
    • Value Estimation
      $420,000
      1,200 SF

      400 Mccombs Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      400 Mccombs Rd, Chaparral, NM 88081
      View Details
    • Value Estimation
      $585,000
      15,395 SF

      304 Mccombs Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,395 SF
      304 Mccombs Rd, Chaparral, NM 88081-7937
      View Details

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    419 County Line Dr
    Chaparral, NM 88081-7801
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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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