Add Listing
    Brokers
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (505) 865-7800
    Web Site
    Size: under 10 agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Sale

    Listings

    For Sale (23)

    View map
    Chama Restaurant and Saloon
    $300,000
    3,660 SF

    Chama Restaurant and Saloon

    Historical restaurant and saloon in Chama, NM for sale.

    2281 State Rd 17, Chama, NM 87520
    View details
    Tierra Amarilla Land with Views
    $32,000
    10.00 Acres

    Tierra Amarilla Land with Views

    Land in Rancho del Vado Subdivision with outdoor opportunities.

    Vereda De Venados, Tierra Amarilla, NM 87575
    View details
    Commercial Land on Highway 84
    $200,000
    2.93 Acres

    Commercial Land on Highway 84

    2.93 acres with highway frontage in Chama, New Mexico.

    Hwy 84 South, Chama, NM 87520
    View details
    Lumberton, NM Off-Grid Land
    $194,900
    80.00 Acres

    Lumberton, NM Off-Grid Land

    Off-grid property with stunning views, seasonal creek, and abundant wildlife.

    County Road 352, Lumberton, NM 87528
    View details
    Chama, NM Mountain Property
    $105,000
    5.00 Acres

    Chama, NM Mountain Property

    5-acre mountain property with building site and utilities in Chama.

    3 Canyons End, Chama, NM 87520
    View details
    Off-Grid Mountain Property in New Mexico
    $165,000
    38.57 Acres

    Off-Grid Mountain Property in New Mexico

    38.57 acres of private, off-grid mountain property.

    S /D, Tierra Amarilla, NM 87575
    View details
    Edgewood Land: Dream Property Awaits
    Contact for pricing
    0.52 Acres

    Edgewood Land: Dream Property Awaits

    0.52-acre corner lot in Edgewood, NM, ready for development.

    9 Peterson Rd, Edgewood, NM 87015
    View details
    Tierra Amarilla 10-Acre Retreat
    $35,777
    10.00 Acres

    Tierra Amarilla 10-Acre Retreat

    10 acres near El Vado Lake, perfect for outdoor adventures.

    Pecos Dr, Tierra Amarilla, NM 87575
    View details
    Recreational Land Near El Vado Lake
    $34,000
    2.50 Acres

    Recreational Land Near El Vado Lake

    Two adjacent 2.5-acre parcels near El Vado Lake.

    3231 Nm-112, Tierra Amarilla, NM 87575
    View details
    Tierra Amarilla Land Parcel
    Contact for pricing
    3.51 Acres

    Tierra Amarilla Land Parcel

    3.51 acre parcel in Plaza Blanca with great views.

    Blanca Cr 338 Plz, Tierra Amarilla, NM 87575
    View details
    Land in Ticonderoga Subdivision
    $680,675
    272.27 Acres

    Land in Ticonderoga Subdivision

    272.27-acre property with diverse landscape and abundant wildlife.

    Ticonderoga Dr, Chama, NM 87520
    View details
    Off-Grid Land with 360° Views
    $30,000
    10.00 Acres

    Off-Grid Land with 360° Views

    10-acre off-grid parcel with abundant wildlife and recreational opportunities.

    Pajarito Dr, Tierra Amarilla, NM 87575
    View details
    Chama Land with Recreational Access
    $210,000
    27.93 Acres

    Chama Land with Recreational Access

    27.93-acre parcel with utilities and recreational amenities.

    6 Badger Park, Chama, NM 87520
    View details
    Land in Tierra Amarilla, NM
    $65,000
    6.00 Acres

    Land in Tierra Amarilla, NM

    Land with highway frontage near outdoor recreation and amenities.

    Nm Sr 64, Tierra Amarilla, NM 87575
    View details
    Land in Tierra Amarilla, NM
    $35,000
    3.18 Acres

    Land in Tierra Amarilla, NM

    Land with highway frontage, suitable for homesite or campsite.

    Nm Sr 64, Tierra Amarilla, NM 87575
    View details
    Northern New Mexico Land Parcels
    $69,900
    20.00 Acres

    Northern New Mexico Land Parcels

    Two contiguous off-grid parcels near El Vado State Park.

    Pajarito, Tierra Amarilla, NM 87575
    View details
    Land Near El Vado Lake
    Contact for pricing
    1.26 Acres

    Land Near El Vado Lake

    Unimproved 1.26 acre lot with power nearby and nice views.

    Cr 322, Tierra Amarilla, NM 87575
    View details
    Off-Grid Land Near State Park
    Contact for pricing
    2.75 Acres

    Off-Grid Land Near State Park

    Unimproved 2.75-acre land near El Vado State Park, NM.

    Gretchen Dr CR 322, Tierra Amarilla, NM 87575
    View details
    Tierra Amarilla Off-Grid Land
    Contact for pricing
    1.00 Acre

    Tierra Amarilla Off-Grid Land

    Off-grid land near El Vado State Park in Northern NM.

    Bear Rd, Tierra Amarilla, NM 87575
    View details
    Tierra Amarilla Off-Grid Land
    Contact for pricing
    1.00 Acre

    Tierra Amarilla Off-Grid Land

    Off-grid land near El Vado State Park, Tierra Amarilla, NM.

    Bear Rd, Tierra Amarilla, NM 87575
    View details
    Tierra Amarilla Off-Grid Land
    Contact for pricing
    1.00 Acre

    Tierra Amarilla Off-Grid Land

    Unimproved 1-acre land near El Vado State Park, New Mexico.

    Venado Dr Cr 322, Tierra Amarilla, NM 87575
    View details
    Chama Land with Panoramic Views
    $299,900
    30.00 Acres

    Chama Land with Panoramic Views

    30-acre parcel with utilities and mountain views near Chama.

    15476 Hwy 64, Chama, NM 87520
    View details
    Highway Frontage Commercial Land
    $200,000

    Highway Frontage Commercial Land

    Commercial property with highway frontage, prime business location potential.

    Us Hwy 84, Chama, NM 87520
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Mossy Oak Properties
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Mossy Oak Properties
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!