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    Madrid, NM
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    Madrid, NM Commercial Land for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Algodones, NM Stanley, NM Pena Blanca, NM Sandia Park, NM
    Ready-to-Build Lot in Madrid, NM
    Updated: Nov 26, 2024
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot
    Ready‑to‑build 0.75‑acre lot with existing well and power.
    Zoned commercial/residential, allowing live‑work builds.
    Walkable to Madrid's art galleries, restaurants, and shops.
    Stunning canyon views of Waldo Mesa and Cerrillos Hills.
    Easy access to Santa Fe (17 miles) via Hwy 14.
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    307 Acres Subdividable Land
    Updated: Oct 18, 2025
    307 Acres Subdividable Land

    1438 Nm 16, Cerrillos, NM 87010

    $2,918,164
    307.18 AC lot
    936 Contiguous Acres: A large, versatile land package.
    Prime Location: Strategically positioned between Santa Fe and Albuquerque.
    Easy Interstate Access: Excellent visibility and access directly off the interstate.
    Subdividable Tracts: Offers flexibility for investors and developers.
    Significant Investment Opportunity: Ideal for developers or businesses seeking a large tract.
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    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House, Madrid, NM 87010

    $105,000
    0.75 AC lot

    0.75-acre lot with well, power, and commercial/residential zoning.

    View details
    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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Madrid, 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.

    Specialty Property with Kennel Improvements
    Specialty Property with Kennel Improvements

    27712 W. I-25 FRONTAGE RD, Santa Fe, NM 87507

    $3,275,000
    4,830 sqft 2.78 AC lot

    C-2 commercial land includes an operating-style kennel layout with indoor and outdoor animal accommodations, grooming areas, and support spaces.

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    C-2 Commercial Land
    C-2 Commercial Land

    27712 W. I-25 FRONTAGE RD, Santa Fe, NM 87507

    $3,275,000
    4,830 sqft 2.78 AC lot

    Improved commercial parcel with a pet boarding facility, public water, and access near major transportation connections.

    View details
    Land Near Budaghers Outlet Mall
    Land Near Budaghers Outlet Mall

    W Frontage Road, Budaghers, NM 87001

    $176,000
    21.91 AC lot

    22-acre parcel near Budaghers Outlet Mall, between Santa Fe and Albuquerque.

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    Commercial Land Near Convenience Store
    Commercial Land Near Convenience Store

    8 Avenida Del Sur, Santa Fe, NM 87508

    $800,000
    2.50 AC lot

    Public water and sewer serve this parcel at the intersection of NM-599 and State Road 14.

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    Madrid, NM Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Madrid, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,446,101 square feet of properties for sale, with an estimated market value of $3,128,164.

    Sale prices for commercial lots in Madrid, NM start at $105,000, averaging $1,042,721, and reaching up to $2,918,164 — 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

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 19
    Commercial land 3
    Recreation land 3
    Agricultural land / Farmland 1

    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Cerrillos - 87010 $105K

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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