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    Property profile & analytics

    462 Palomino St Hagerman, NM 88232

    • Commercial real estate
    • 5.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0897418
    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 462 Palomino St

    Lot size
    5.62 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 5.617-acre land parcel presents a unique investment opportunity in Hagerman, New Mexico. Located at 462 Palomino Street, Chaves County, this property offers significant potential for various uses, subject to local zoning regulations. The expansive acreage provides ample space for a multitude of development possibilities, from residential construction to agricultural pursuits. The property's address is precisely 462 Palomino Street, Hagerman, NM 88232, with GPS coordinates of 33.0914966 latitude and -104.3599081 longitude. Its location within Chaves County offers access to local amenities and services. The asking price for this remarkable land opportunity is $79,000. Serious inquiries are encouraged to explore the possibilities this property offers. Buyers are responsible for conducting their own due diligence regarding zoning, utilities, and any necessary permits. This is a prime piece of land ready for its next chapter. Don't miss this chance to acquire a substantial land holding in a desirable New Mexico location. The property is being sold "as is."

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hagerman
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.3599081
    Latitude
    33.0914966

    Comparable in this City

    • $80,000
      5.63 Acres

      Hagerman Land with Utilities

      5.63 acres with electricity and septic system in place.
      488 E Ottawa Rd, Hagerman, NM 88232
      View Details
    • $140,000
      50.70 Acres

      Hagerman, NM Land - 50.7 Acres

      Prime 50.7-acre land parcel in Chaves County.
      264 Chickasaw Rd, Hagerman, NM 88232
      View Details
    • $945,255
      9,289 SF

      602b Argyle St

      Individual retail properties • 9,289 SF
      602b Argyle St, Hagerman, NM 88232
      View Details
    • $177,500
      0.38 Acres

      Hagerman Multi-Unit Income Property

      Multi-unit property in Hagerman, NM with rental income potential.
      400 S Manchester Ave, Hagerman, NM 88232
      View Details

    Similar Nearby for Sale

    • $80,000
      5.63 Acres

      Hagerman Land with Utilities

      5.63 acres with electricity and septic system in place.
      488 E Ottawa Rd, Hagerman, NM 88232
      View Details
    • $140,000
      50.70 Acres

      Hagerman, NM Land - 50.7 Acres

      Prime 50.7-acre land parcel in Chaves County.
      264 Chickasaw Rd, Hagerman, NM 88232
      View Details
    • $945,255
      9,289 SF

      602b Argyle St

      Individual retail properties • 9,289 SF
      602b Argyle St, Hagerman, NM 88232
      View Details
    • $177,500
      0.38 Acres

      Hagerman Multi-Unit Income Property

      Multi-unit property in Hagerman, NM with rental income potential.
      400 S Manchester Ave, Hagerman, NM 88232
      View Details
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    462 Palomino St
    Hagerman, NM 88232
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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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