Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings
    (575) 756-1351
    Web Site
    Size: under 10 agents

    Agents

    Service Locations

    Property Types

    • Commercial Sale
    • Land

    Listings

    For Sale (19)

    View map
    Land with Scenic Views
    $34,900
    3.78 Acres

    Land with Scenic Views

    Off-grid property near rivers and national forests, ideal for recreation.

    Tr-9B Ponderosa, Chama, NM 87520
    View details
    Chama Land with Exceptional Views
    $448,000
    71.31 Acres

    Chama Land with Exceptional Views

    Secluded 71.31-acre property with power, septic, and included RV.

    381 Buckman Rd, Chama, NM 87520
    View details
    Tierra Amarilla Land For Sale
    $42,900
    7.80 Acres

    Tierra Amarilla Land For Sale

    Secluded 7.8-acre lot, ideal for outdoor getaways and recreation.

    Talavera Sd Lot 34, Tierra Amarilla, NM 87575
    View details
    Chama, NM Land with Views
    $55,000
    10.00 Acres

    Chama, NM Land with Views

    10 acre land parcel with mountain views near Chama, NM.

    Pd 1796, Chama, NM 87520
    View details
    Chama, NM Land with Views
    $59,900
    1.69 Acres

    Chama, NM Land with Views

    Residential land with views and easy access to amenities.

    Thistle Loop, Chama, NM 87520
    View details
    Tierra Amarilla Land For Sale
    $35,000
    5.75 Acres

    Tierra Amarilla Land For Sale

    5.75 acre property in Tierra Amarilla, New Mexico.

    Unit 4, Tierra Amarilla, NM 87575
    View details
    Land with Mountain Views
    $72,500
    6.54 Acres

    Land with Mountain Views

    Land with recreational membership near Chama and Brazos Rivers.

    Aspen Blf, Chama, NM 87520
    View details
    Los Ojos Treed Land Parcel
    Contact for pricing
    2.73 Acres

    Los Ojos Treed Land Parcel

    2.73 acre treed land near Heron Lake State Park.

    Willow Crk, Los Ojos, NM 87551
    View details
    Chama, NM Land with Well
    $85,000
    8.24 Acres

    Chama, NM Land with Well

    8+ acres with well, suitable for seasonal living or building.

    Lakeview, Chama, NM 87520
    View details
    Chama, NM Land Parcel
    $37,500
    1.00 Acre

    Chama, NM Land Parcel

    One acre parcel with Ponderosa pines near Brazos River.

    Venado, Chama, NM 87575
    View details
    Chama, NM Land for Sale
    $39,900
    6.49 Acres

    Chama, NM Land for Sale

    6.49 acres of land with scenic views and good access.

    Porky Gulch, Chama, NM 87520
    View details
    Remodeled Income Property Near Railroad
    $399,000
    3,800 SF

    Remodeled Income Property Near Railroad

    Versatile triplex near Cumbres & Toltec Scenic Railroad.

    421 Maple Ave, Chama, NM 87520
    View details
    Land in Los Ojos, NM
    Contact for pricing
    0.86 Acres

    Land in Los Ojos, NM

    Residential land suitable for a home, cabin, or recreational vehicle.

    Christy Ln, Los Ojos, NM 87551
    View details
    Lumberton Land with Stunning Views
    $80,000
    20.00 Acres

    Lumberton Land with Stunning Views

    20 acres in Lumberton, NM, perfect for a getaway home.

    357, Lumberton, NM 87528
    View details
    Tierra Amarilla Wooded Land Parcel
    $418,000
    167.21 Acres

    Tierra Amarilla Wooded Land Parcel

    Wooded 167.21-acre land parcel in Tierra Amarilla, New Mexico.

    Hwy 64, Tierra Amarilla, NM 87575
    View details
    Chama, NM Wooded Lot
    Contact for pricing
    1.12 Acres

    Chama, NM Wooded Lot

    Located in Brazos Estates, perfect for building a home.

    19 Brazos Est, Chama, NM 87520
    View details
    Secluded Land Near Heron Lake
    $89,000
    6.20 Acres

    Secluded Land Near Heron Lake

    6+ acre corner lot near Heron Lake State Park.

    Cr 322, Los Ojos, NM 87551
    View details
    Downtown Chama Mixed-Use Property
    Contact for pricing
    1,800 SF

    Downtown Chama Mixed-Use Property

    Mixed-use property in downtown Chama, near Cumbres & Toltec train.

    Hwy 17, Chama, NM 87520
    View details
    Chama Commercial Building - Prime Location
    $98,000
    1,200 SF

    Chama Commercial Building - Prime Location

    High-potential commercial building, needs updating.

    2317 Frontage Rd, Chama, NM 87520
    View details

    Leases and Sales on Map

    • For Sale

    Properties for sale

    Web Page
    View other agents
    in the same area
    Request Owner's contact information
    Realty One of Chama
    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
    Realty One of Chama
    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!