700 1stAlamogordo, NM 88310

  • Turn key restaurants
  • 2,173 SF
Off market
$30,039 Estimated

Property Details for 700 1st

Year built
1973
Property size (Sq ft)
2,173 SF
Property type
Turn key restaurants
APN
R056434
APU
R056434

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $357,101
    6.5%
    $329,631
    7%
    $306,086
  • Comparable approach

    Method
    Valuation
    Relative Method
    $199,327
    Geo Method
    $376,051
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $633,247
    Mixed-Use / Specialty
    $332,322
    Hospitality / Lodging
    $248,847
    Office
    $334,374
    Institutional / Educational
    $346,862
    Residential Income
    $405,829
    Multifamily
    $465,299
    Automotive / Energy
    $297,310
    Parking / Income-Based Land
    $98,779.10
    Restaurant / Food Service
    $181,093
    Healthcare / Senior Housing
    $336,826

Location Insight

City
Alamogordo
County
Otero
State
New Mexico
Latitude
32.8892
Longitude
-105.955
CBSA code
10460
CBSA name
ALAMOGORDO, NM MICROPOLITAN 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
$929
-
$30,039
$30,039
-
-
$90,117
$90,117

FAQs

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