Ruidoso Downs, NM 88346

  • Industrial land
  • 0.28 AC
Off market
$2,787,370 Estimated

Property Details

Lot size
0.28 AC
Property type
Industrial land
APN
4-075-065-447-449
APU
4075065447449

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,787,630
    6.5%
    $3,496,280
    7%
    $3,246,540
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,690,590
    Geo Method
    $3,226,560
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,820,910
    Mixed-Use / Specialty
    $1,836,510
    Hospitality / Lodging
    $1,376,160
    Office
    $1,848,620
    Institutional / Educational
    $1,917,130
    Residential Income
    $2,243,040
    Multifamily
    $2,567,690
    Automotive / Energy
    $1,643,260
    Parking / Income-Based Land
    $545,238
    Restaurant / Food Service
    $1,002,340
    Healthcare / Senior Housing
    $1,860,650

Location Insight

City
Ruidoso Downs
County
Lincoln
State
New Mexico
Latitude
33.322
Longitude
-105.61
CBSA code
40760
CBSA name
RUIDOSO, 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
$40
$1,167
-
$1,167
-
$3,501
-
$3,501

FAQs

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