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    Property profile & analytics

    624 Franklin St Hatch, NM 87937

    • Retail space
    • 13,344 SF
    • 1.69 lot acres
    OFF-MARKET
    Value Estimation
    $745,000
    Last Sale
    Feb 27, 2020
    Location Intelligence
    Property ID
    US61-0707744
    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

    • Isalis / Women'S Clothing Store / Jewelry Store
    • Party City / Costume Store / Party Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 624 Franklin St

    Year built
    1976
    Lot size
    1.69 lot acres
    Property size
    13,344 SF
    Zone code
    NEIGH-COMMER
    Property type
    Retail space
    APN
    3-016-110-255-233
    APU
    3016110255233

    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
    -107.153
    Latitude
    32.6718
    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
    $16,104
    $10,140
    $438,188
    $448,328
    -
    $30,420
    $1,314,563
    $1,344,983

    Comparable in this City

    • 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
    • Value Estimation
      $450,000
      2,345 SF

      130 Franklin St

      RETAIL STORES (PERSONAL SERVICES) • 2,345 SF
      130 Franklin St, Hatch, NM 87937
      View Details
    • Value Estimation by Request
      1,488 SF

      531 Hall St

      RETAIL STORES (PERSONAL SERVICES) • 1,488 SF
      531 Hall St, Hatch, NM 87937
      View Details
    • Value Estimation
      $490,000
      3,150 SF

      700 Hwy 26

      RETAIL STORES (PERSONAL SERVICES) • 3,150 SF
      700 Hwy 26, Hatch, NM 87937
      View Details
    • Value Estimation
      $745,000
      24,765 SF

      418 Hall St

      RETAIL STORES (PERSONAL SERVICES) • 24,765 SF
      418 Hall St, Hatch, NM 87937
      View Details
    • Value Estimation by Request
      5,325 SF

      307 Hall St

      RETAIL STORES (PERSONAL SERVICES) • 5,325 SF
      307 Hall St, Hatch, NM 87937
      View Details

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    624 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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