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    Hernandez, NM
    Agricultural

    Hernandez, NM Agricultural Land / Farmland for Sale

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    Espanola, NM Chamita, NM Ojo Caliente, NM Ohkay Owingeh, NM Abiquiu, NM Medanales, NM La Mesilla, NM Santa Cruz, NM
    Chama River Frontage Land
    Updated: Sep 30, 2025
    Chama River Frontage Land

    789 County Road 01, Hernandez, NM 87537

    $370,000
    9.88 AC lot
    Approximately 250 feet of Chama River frontage.
    8.95 acre feet of surface irrigation rights from the Hernandez Ditch.
    9.88 acre parcel planted in grass/alfalfa, yielding three cuttings a season.**
    No covenants or restrictions.
    Cleared half‑acre bosque for river access.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hernandez, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land Available in Espanola, NM
    Land Available in Espanola, NM

    84/285 Hennigan #Lot B, Espanola, NM 87532

    $225,000
    500,678 sqft 3.21 AC lot

    Land for sale in Espanola, New Mexico.

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    La Mesilla Land with River Views
    La Mesilla Land with River Views

    Co Rd 120, La Mesilla, NM 87532

    $540,000
    19.68 AC lot

    19.86 acres of land with river views and water rights.

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    La Mesilla Land with River Views
    La Mesilla Land with River Views

    Off CR 120 CR 120, La Mesilla, NM 87532

    $540,000
    19.86 AC lot

    19.86 acres of land with river views and water rights.

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    Agricultural Land Parcel Within City Limits
    Agricultural Land Parcel Within City Limits

    CALLE JUAN JOSE VIGIL, Espanola, NM 87532

    $40,000
    0.53 AC lot

    Agricultural land parcel within Espanola city limits with a west boundary along Vigiles ditch.

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    Hernandez, NM Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 agricultural land / farmland for sale in Hernandez, NM on our real estate platform. These investment opportunities span a total of 430,373 square feet of properties for sale, with an estimated market value of $370,000.

    Sale prices for farmlands in Hernandez, NM average $370,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,030
    Population Growth (5Y) -19.1%
    Median Household Income $40,795
    College Educated 9.8%

    High-Yield Neighborhoods for Investment

    Identify Hernandez submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87537 $370K

    Taxes & Financing

    Tax Rate (average for all types) 2.96%
    Property Tax per SF $23.78 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rio Arriba County

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