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    Property profile & analytics

    664 Luna Azul Dr Chaparral, NM 88081-7815

    • Retail space
    • 5,600 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US61-0343364
    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

    • Retail space

    Property Details for 664 Luna Azul Dr

    Year built
    2004
    Lot size
    0.11 lot acres
    Property size
    5,600 SF
    Zone code
    T4
    Property type
    Retail space
    APN
    4-030-154-511-265
    APU
    4030154511265

    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
    Dona Ana
    State
    New Mexico
    Longitude
    -106.378
    Latitude
    32.0309
    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
    $3,541
    $4,667
    $101,377
    $106,044
    -
    $14,000
    $304,130
    $318,130

    Comparable in this City

    • 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
    • Value Estimation
      $420,000
      7,214 SF

      309 Mccombs Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,214 SF
      309 Mccombs Rd, Chaparral, NM 88081-7937
      View Details
    • Value Estimation
      $410,000
      2,826 SF

      513 Mccombs Rd, Unit 1

      RETAIL STORES (PERSONAL SERVICES) • 2,826 SF
      513 Mccombs Rd, Chaparral, NM 88081-7941
      View Details
    • Value Estimation by Request
      2,012 SF

      308 Hermosa Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,012 SF
      308 Hermosa Dr, Chaparral, NM 88081-7923
      View Details

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    664 Luna Azul Dr
    Chaparral, NM 88081-7815
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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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