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    For Sale (65)

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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Land with quick access to amenities in Los Lunas.

    2 Rio Del Oro Block 14, Los Lunas, NM 87031
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    Land with Breathtaking Views
    Contact for pricing
    10.00 Acres

    Land with Breathtaking Views

    10 acre land parcel in Socorro, New Mexico.

    9 Block 3, Socorro, NM 87801
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    Land in Rio Communities, NM
    Contact for pricing
    0.90 Acres

    Land in Rio Communities, NM

    Land for sale in Rio Communities, New Mexico.

    377 Rge, Belen, NM 87002
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    Land in Rio Communities, NM
    Contact for pricing
    0.90 Acres

    Land in Rio Communities, NM

    Raw land with mountain views, ideal for off-grid living.

    377 Rge, Belen, NM 87002
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    Land in Rio Communities, NM
    Contact for pricing
    1.00 Acre

    Land in Rio Communities, NM

    One-acre property ideal for off-grid living with mountain vistas.

    14 Block 589, Belen, NM 87002
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    Land in Socorro, New Mexico
    Contact for pricing
    10.00 Acres

    Land in Socorro, New Mexico

    10 acres of land perfect for off-grid living.

    1 Block 5, Socorro, NM 87801
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    Land with Expansive Views
    Contact for pricing
    1.00 Acre

    Land with Expansive Views

    Land in Bernardo, NM, offering 360-degree views and peaceful surroundings.

    L12 Blk 314, Bernardo, NM 87006
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    Land with Expansive Views
    Contact for pricing
    1.00 Acre

    Land with Expansive Views

    Land in Bernardo, NM, offering 360-degree views and peaceful location.

    L13 Blk 314, Bernardo, NM 87006
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    Land in Rio Communities, NM
    Contact for pricing
    0.50 Acres

    Land in Rio Communities, NM

    Land available in Rio Communities, New Mexico for recreation.

    31 Block 50, Belen, NM 87002
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    Socorro Land Ideal Off-Grid Living
    Contact for pricing
    1.00 Acre

    Socorro Land Ideal Off-Grid Living

    One-acre lot in Socorro, NM, perfect for off-grid living.

    14 Block 156, Socorro, NM 87801
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    Land in Socorro, New Mexico
    Contact for pricing
    10.00 Acres

    Land in Socorro, New Mexico

    10 acre land parcel in Socorro, New Mexico.

    9 Block 2, Socorro, NM 87801
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    Land in Los Lunas, NM
    Contact for pricing
    0.32 Acres

    Land in Los Lunas, NM

    Land with mountain views in Los Lunas, New Mexico.

    12 Block 4, Los Lunas, NM 87031
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    Socorro Land with Rolling Hills
    Contact for pricing
    20.66 Acres

    Socorro Land with Rolling Hills

    20.66 acres of land with gentle rolling hills.

    4 Block 22, Socorro, NM 87801
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    Land in Belen, New Mexico
    Contact for pricing
    2.00 Acres

    Land in Belen, New Mexico

    Two-acre land parcel perfect for off-grid living.

    15 Block 380, Belen, NM 87002
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    Land in Magdalena, New Mexico
    Contact for pricing
    5.00 Acres

    Land in Magdalena, New Mexico

    5-acre land parcel suitable for off-grid living.

    Rrg Lot 106, Magdalena, NM 87825
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    Land in Rio Communities, NM
    Contact for pricing
    0.90 Acres

    Land in Rio Communities, NM

    Land with gentle slopes in Rio Communities, New Mexico.

    589 Rge, Belen, NM 87002
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    Land in Belen, New Mexico
    Contact for pricing
    0.90 Acres

    Land in Belen, New Mexico

    Land available in Belen, NM with mountain views.

    589 Rge, Belen, NM 87002
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    Land with Mountain Views
    Contact for pricing
    0.50 Acres

    Land with Mountain Views

    Small lot ideal for off-grid living with scenic views.

    25 Block 720, Belen, NM 87002
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    Land with Open Views
    Contact for pricing
    0.50 Acres

    Land with Open Views

    Half-acre lot suitable for building or off-grid retreat.

    91 Block 733, Belen, NM 87002
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    Socorro, NM Land Parcel
    Contact for pricing
    10.00 Acres

    Socorro, NM Land Parcel

    10 acre land parcel in Socorro, New Mexico.

    17 Block 16, Socorro, NM 87801
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    Land in Bernardo, New Mexico
    Contact for pricing
    4.82 Acres

    Land in Bernardo, New Mexico

    Quiet 4.82-acre parcel with open views and natural privacy.

    6 Block 5, Bernardo, NM 87006
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    Socorro, NM Meadow Land
    Contact for pricing
    6.18 Acres

    Socorro, NM Meadow Land

    Idyllic meadow for sustainable living in Socorro, New Mexico.

    20 Block 9, Socorro, NM 87801
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    Socorro Land Ideal Off-Grid Living
    Contact for pricing
    12.71 Acres

    Socorro Land Ideal Off-Grid Living

    12.71 acres of land perfect for serene, off-grid living.

    20 Block 9, Socorro, NM 87801
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    Land in Highland Meadows, Laguna
    Contact for pricing
    2.50 Acres

    Land in Highland Meadows, Laguna

    2.5 acre land parcel in Highland Meadows, Laguna, New Mexico.

    1/2 U, Laguna, NM 87026
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    Land in Rio Communities, NM
    Contact for pricing
    0.50 Acres

    Land in Rio Communities, NM

    Land with mountain views in Rio Communities, New Mexico.

    377 Rge, Belen, NM 87002
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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Residential land available in Los Lunas, New Mexico.

    10 Rio Del Oro Block 4, Los Lunas, NM 87031
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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Off-grid land with quick access to Manzano Expressway.

    18 Rio Del Oro Block 4, Los Lunas, NM 87031
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    Quarter-Acre Land in Belen, NM
    Contact for pricing
    0.25 Acres

    Quarter-Acre Land in Belen, NM

    Quarter-acre plot with mountain views in Belen, New Mexico.

    4 Block 79, Belen, NM 87002
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    Half-Acre Mesa Top Land
    Contact for pricing
    0.50 Acres

    Half-Acre Mesa Top Land

    Half-acre land parcel on a scenic mesa in Belen.

    10 Block 742, Belen, NM 87002
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    Land in Rio Communities, NM
    Contact for pricing
    0.90 Acres

    Land in Rio Communities, NM

    Off-grid land with sweeping views and natural beauty.

    27 Block 360, Belen, NM 87002
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    Land in Rio Communities, NM
    Contact for pricing
    2.00 Acres

    Land in Rio Communities, NM

    Two acre land parcel in Rio Communities, New Mexico.

    14 Block 589, Belen, NM 87002
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    Land in Los Lunas, NM
    Contact for pricing
    0.75 Acres

    Land in Los Lunas, NM

    Land for sale in Los Lunas, New Mexico.

    6 Blk 26, Los Lunas, NM 87031
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    Expansive Land in San Antonio
    $60,000
    159.99 Acres

    Expansive Land in San Antonio

    319.98 acres in Willow Springs, horse-friendly with scenic views.

    Vl Willow Spg Rnch, San Antonio, NM 87832
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    Land in Belen, New Mexico
    Contact for pricing
    4.93 Acres

    Land in Belen, New Mexico

    4.93 acres of land ideal for autonomous living.

    23 Block 1, Belen, NM 87002
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    Land with Mountain Views
    Contact for pricing
    0.75 Acres

    Land with Mountain Views

    Land featuring views of the Manzano range and surrounding valleys.

    Rdo L2B2U51 L3B2U51 L3B73U37, Los Lunas, NM 87031
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    Mesa-Top Lot with Open Views
    Contact for pricing
    0.50 Acres

    Mesa-Top Lot with Open Views

    Small lot ideal for building or off-grid retreat.

    2 Block 1031, Belen, NM 87002
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    Land with Desert Views
    Contact for pricing
    0.90 Acres

    Land with Desert Views

    Untouched land offering sweeping views of the surrounding high desert.

    14 Rio Grande Est Block 589, Belen, NM 87002
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    Land in Rio Grande Estates
    Contact for pricing
    0.50 Acres

    Land in Rio Grande Estates

    Raw land parcel perfect for off-grid living and stargazing.

    17 Block 377, Belen, NM 87002
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    Land in Rio Communities, NM
    Contact for pricing
    0.90 Acres

    Land in Rio Communities, NM

    Land with shrubs and views, ideal for off-grid living.

    10 Rio Grande Est Block 589, Belen, NM 87002
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    Land in Rio Communities, NM
    Contact for pricing
    1.00 Acre

    Land in Rio Communities, NM

    One-acre lot with shrubs and views in Rio Communities.

    13 Rio Grande Est Block 589, Belen, NM 87002
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    Land in Socorro, New Mexico
    Contact for pricing
    6.53 Acres

    Land in Socorro, New Mexico

    Land offering isolation and connection to nature in Socorro, NM.

    19 Block 9, Socorro, NM 87801
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    Land in Belen, New Mexico
    Contact for pricing
    1.00 Acre

    Land in Belen, New Mexico

    One acre of land in Belen, New Mexico.

    599 Rge, Belen, NM 87002
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    Socorro, NM Land Parcel
    Contact for pricing
    10.00 Acres

    Socorro, NM Land Parcel

    10 acre land parcel in Socorro, New Mexico.

    3 Block 14, Socorro, NM 87801
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    Land in Belen, New Mexico
    Contact for pricing
    0.50 Acres

    Land in Belen, New Mexico

    Vacant land with off-grid potential in Belen, New Mexico.

    15 Block 1052, Belen, NM 87002
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    Land with Breathtaking Views
    Contact for pricing
    11.82 Acres

    Land with Breathtaking Views

    Serene 11.82-acre land in Socorro, NM with scenic views.

    4 Block 11, Socorro, NM 87801
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    Socorro NM Meadowland Opportunity
    Contact for pricing
    10.00 Acres

    Socorro NM Meadowland Opportunity

    10 acres of meadowland with gentle slopes and views.

    21 Block 1, Socorro, NM 87801
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    Socorro Land Ideal Off-Grid Living
    Contact for pricing
    1.00 Acre

    Socorro Land Ideal Off-Grid Living

    One-acre lot in Socorro, NM, perfect for off-grid living.

    15 Block 156, Socorro, NM 87801
    View details
    Land in Belen, New Mexico
    Contact for pricing
    2.00 Acres

    Land in Belen, New Mexico

    Two acre lot perfect for off-grid living in Belen.

    13 Block 380, Belen, NM 87002
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    Land in Belen, New Mexico
    Contact for pricing
    5.00 Acres

    Land in Belen, New Mexico

    5-acre land parcel in Belen, NM, ideal for autonomous living.

    Vl Rrg Lot 457, Belen, NM 87002
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    Land with Unobstructed Views
    Contact for pricing
    0.25 Acres

    Land with Unobstructed Views

    Land offering unobstructed views and Southwest landscape.

    2 Block 14, Los Lunas, NM 87031
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    Los Lunas Land For Sale
    Contact for pricing
    0.25 Acres

    Los Lunas Land For Sale

    Land available in Los Lunas, New Mexico.

    3 Block 14, Los Lunas, NM 87031
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    Land Parcel in Los Lunas
    Contact for pricing
    0.25 Acres

    Land Parcel in Los Lunas

    Picturesque land parcel at the foot of the mountains.

    8 Block 14, Los Lunas, NM 87031
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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Land suitable for off-grid living or sustainable development.

    9 Block 14, Los Lunas, NM 87031
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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Expansive lot with natural beauty in Los Lunas, NM.

    17 Block 33, Los Lunas, NM 87031
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    Land in Belen, New Mexico
    Contact for pricing
    4.84 Acres

    Land in Belen, New Mexico

    Undeveloped land with potential for off-grid living.

    30 Block 1, Belen, NM 87002
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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Land parcel with sweeping views and potential for off-grid living.

    10 Block 14, Los Lunas, NM 87031
    View details
    Land in Belen, New Mexico
    Contact for pricing
    4.72 Acres

    Land in Belen, New Mexico

    4.72 acres of land perfect for autonomous living.

    29 Block 1, Belen, NM 87002
    View details
    Los Lunas Land For Sale
    Contact for pricing
    0.25 Acres

    Los Lunas Land For Sale

    Land available in Los Lunas, New Mexico.

    8 Block 21, Los Lunas, NM 87031
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    Land in Los Lunas, NM
    Contact for pricing
    0.25 Acres

    Land in Los Lunas, NM

    Three contiguous lots suitable for well, septic, and structure.

    4 Block 14, Los Lunas, NM 87031
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    Vast Mesa Land Parcel
    Contact for pricing
    5.00 Acres

    Vast Mesa Land Parcel

    Wide-open land with mountain views, ideal for off-grid living.

    Vl Rrg Lot 93, Belen, NM 87002
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    Secluded Land in Bernardo, NM
    Contact for pricing
    5.00 Acres

    Secluded Land in Bernardo, NM

    5-acre lot for off-grid living or weekend escape.

    12 Block 2, Bernardo, NM 87006
    View details
    Mesa-Top Lot with Open Views
    Contact for pricing
    0.50 Acres

    Mesa-Top Lot with Open Views

    Half-acre mesa-top lot ideal for off-grid retreat.

    42 Block 1052, Belen, NM 87002
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    Land in Belen, New Mexico
    Contact for pricing
    0.90 Acres

    Land in Belen, New Mexico

    Land offers peace, solitude, and a deep connection with nature.

    375 Rge, Belen, NM 87002
    View details
    Land in Rio Communities, NM
    Contact for pricing
    0.90 Acres

    Land in Rio Communities, NM

    One-acre lot with mountain views and desert vegetation.

    13 Block 589, Belen, NM 87002
    View details
    Land in Willow Springs Ranch
    $60,000
    159.99 Acres

    Land in Willow Springs Ranch

    Two 159.99-acre lots perfect for horses and recreation.

    Vl Willow Spg Rnch, San Antonio, NM 87832
    View details

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    Land and Home Realty LLC
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Land and Home Realty LLC
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