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    Hernandez, NM
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    Hernandez, NM Commercial Land for Sale

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    Espanola, NM La Mesilla, NM Ojo Caliente, NM
    Land Near US Highway 84/285
    $130,000
    2.53 Acres

    Land Near US Highway 84/285

    US HIGHWAY 84/285, Hernandez, NM 87537

    2.53 acre tract with easy access to nearby cities.

    • Easy access to Espanola, Los Alamos, Santa Fe, Abiquiu, and Taos.
    • Multiple building sites available on a 2.533 acre tract.
    • Located just off US Highway 84/285.
    • Utilities available: Jemez Mountains Electric Co‑op, NM Gas Company, and Agua Sana Domestic Water Association.
    • Electric line crosses the tract.
    Updated: Jan 24, 2025
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    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.

    Prime Infill Sites for Development
    $4,750,000
    7.85 Acres

    Prime Infill Sites for Development

    Two commercial lots available near Santa Fe Place shopping center.

    4680 San Ignacio Road, Santa Fe, NM 87501
    View details
    Commercial Lot in High-Traffic Area
    $2,060,000
    6.00 Acres

    Commercial Lot in High-Traffic Area

    Commercial lot near businesses and college with development potential.

    1102 Paseo De Onate #A, Espanola, NM 87532
    View details
    Santa Fe Land with Views
    $230,000
    1.36 Acres

    Santa Fe Land with Views

    1.36 acre land parcel with mountain and valley views.

    109 Valle Sereno, Santa Fe, NM 87505
    View details
    Commercial Land Available For Sale
    $5,952,000
    16.86 Acres

    Commercial Land Available For Sale

    Approximately 16.86 acres of commercial land for sale.

    Espanola, NM 87532
    View details

    Hernandez, NM Commercial Land Investment Opportunities Market Analysis

    Explore 1 commercial land for sale in Hernandez, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $130,000.

    Sale prices for commercial lots in Hernandez, NM start at $130,000, averaging $130,000, and reaching up to $130,000 — 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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    Top Commercial Asset Segments

    Agricultural land / Farmland 1
    Commercial land 1
    Residential land & home lots 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    87537 $130K

    Taxes & Financing

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

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