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    Property profile & analytics

    509 Franklin St Hatch, NM 87937

    • Office buildings
    • 2,084 SF
    • 0.63 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Last Sale
    Sep 03, 2021
    Location Intelligence
    Property ID
    US61-0895250
    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 509 Franklin St

    Year built
    1996
    Construction
    FRAME
    Lot size
    0.63 lot acres
    Property size
    2,084 SF
    Zone code
    RURAL-RESID
    Property type
    Office buildings
    APN
    3-016-110-263-275
    APU
    3016110263275

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hatch
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -107.154
    Latitude
    32.6705
    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
    $6,069
    $9,147
    $159,808
    $168,955
    -
    $27,442
    $479,424
    $506,866

    Comparable in this City

    • Value Estimation by Request
      1,080 SF

      323 Franklin St

      OFFICE BUILDING • 1,080 SF
      323 Franklin St, Hatch, NM 87937
      View Details
    • Value Estimation
      $630,000
      2,000 SF

      7259 Hwy 26

      OFFICE BUILDING • 2,000 SF
      7259 Hwy 26, Hatch, NM 87937
      View Details
    • Value Estimation
      $390,000
      6,700 SF

      661 Franklin St

      OFFICE BUILDING • 6,700 SF
      661 Franklin St, Hatch, NM 87937
      View Details
    • Value Estimation by Request
      9,581 SF

      329 Hall St

      INDUSTRIAL (GENERAL) • 9,581 SF
      329 Hall St, Hatch, NM 87937
      View Details
    • Value Estimation by Request
      1,750 SF

      304 Hall St

      BARBER, HAIR SALON • 1,750 SF
      304 Hall St, Hatch, NM 87937
      View Details
    • Value Estimation by Request
      2,600 SF

      112 Hall St

      RETAIL STORES (PERSONAL SERVICES) • 2,600 SF
      112 Hall St, Hatch, NM 87937
      View Details

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    509 Franklin St
    Hatch, NM 87937
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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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