25982 Us-70Ruidoso, NM 88345

Property Details for 25982 Us-70

Lot size

0.63 AC

Property size (Sq ft)

8,862 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional 0.63-acre commercial lot, totaling 8,862 square feet, presents a remarkable investment opportunity in Ruidoso, New Mexico. Located at 25982 US-70, this property boasts a highly desirable location, situated next to Otero Federal Credit Union and across the street from Sierra Blanca Motors. Its proximity to numerous thriving businesses, including K-Bob's, Bealls, and other commercial establishments, ensures high visibility and significant foot traffic. Currently leased to the New Mexico Motor Vehicle Division (MVD), the property offers existing income potential and ample space for expansion or redevelopment. The lot features excellent parking and is ideal for a variety of commercial uses, capitalizing on the area's robust economy and strong consumer base. County records confirm the 0.633-acre size. The surrounding area includes a diverse range of businesses, from the Lincoln County Medical Hospital and RV parks to hotels, motels, Big 5 Sporting Goods, and the Humane Society of Lincoln County, creating a vibrant and thriving commercial environment. This property offers a unique blend of existing income and future development potential, making it an exceptional investment opportunity in a prime Ruidoso location. The asking price is $749,000.

Location Insight

City

Ruidoso

County

Lincoln

State

New Mexico

Latitude

33.3097

Longitude

-105.643

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