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1 US 70
Ruidoso, NM 88345
Land For Sale · 4.15 AC

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EXECUTIVE SUMMARY

Located at the only major intersection in Ruidoso, the subject property is strategically situated at the epicenter of the major activity generators in Ruidoso. The Inn of the Mountain Gods and Casino is located approximately 5.5 miles west on US 70, the Downs at Ruidoso and Walmart Supercenter are located just to the east on US 70, and downtown and Ski Apache are located to the north on Sudderth. All traffic in and out of Ruidoso passes this site. The current owners have worked with NMDOT to create a new traffic management plan to solve the issue of access to Gavilan Canyon Road and to re-build the intersection of US 70 and Sudderth by using a roundabout. While the conceptual plan has been approved by the District Engineer, the project is awaiting funding.
Utilities: Water, Sewer, Gas and Roads
Plat Map: Enclosed Survey
A grading plan to accommodate a multi-story hotel or office project on the upper level of the site and a retail or restaurant use on the lower portion has been created that balances the cut and fill required to maximize the efficiency of the site. With C-2 zoning, the site allows for multitude of uses. All utilities are to the site.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Commercial
Total Lot Size 4.15 AC
Zoning C-2 - Community Commercial Zone

1 LOT AVAILABLE

Lot

Price $1,700,000
Price Per AC $409,638.55
Lot Size 4.15 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4074065491379000000
Land Assessment
$27,486
Improvements Assessment
$0
Total Assessment
$27,486
  • Listing ID: 9019073

  • Date on Market: 9/5/2017

  • Last Updated:

  • Address: 1 US 70, Ruidoso, NM 88345

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