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    Madrid, NM

    Madrid, NM Commercial Real Estate for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Sandia Park, NM Placitas, NM
    7 properties
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    Remodeled Live-Work Bungalow
    Updated: Jun 26
    Remodeled Live-Work Bungalow

    2863 NM 14 Highway, Madrid, NM 87010

    $875,000
    1,800 sqft 0.16 AC lot
    1,800‑square‑foot live‑work bungalow on a 0.16‑acre lot
    1931 construction with remodeled interior finishes and updated windows, doors, and lighting
    Front gallery offers 14‑foot ceilings and separate apartment and studio spaces
    Historic mixed‑use zoning allows residential or commercial use
    Private paved driveway parks three cars, with two additional roadway spaces
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    Furnished Restaurant with Railcar Dining
    Updated: Feb 16
    Furnished Restaurant with Railcar Dining

    2849 NM 14, Madrid, NM 87010

    $875,000
    2,279 sqft 0.17 AC lot
    2,279‑square‑foot restaurant property on 0.17 acres
    Commercial kitchen conveys with furnishings and operating equipment
    On‑site Santa Fe Railroad railcar configured for additional indoor dining
    Indoor and outdoor dining areas; outdoor space overlooks the Madrid Museum
    Designated parking along State Highway 14 directly in front
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    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    2864 NM 14, Cerrillos, NM 87010

    $540,000
    3,723 sqft 0.18 AC lot

    Downtown Madrid property combining commercial frontage, residential units, courtyards, and recent building-system improvements.

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    See what stands out in Santa Fe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Gated Ranch Land with Build Sites
    Gated Ranch Land with Build Sites

    95 Grenfell Ranch, Cerrillos, NM 87010

    $339,000
    80.00 AC lot

    Two adjacent deeded parcels offer varied terrain, multiple build areas, and a productive well on gated ranch land.

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    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot

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

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    307 Acres Subdividable Land
    307 Acres Subdividable Land

    1438 Nm 16, Cerrillos, NM 87010

    $2,918,164
    307.18 AC lot

    307 acres of subdividable land between Santa Fe and Albuquerque.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

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    Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 7 Active listings in Madrid, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Equestrian Compound with Three Residences
    Equestrian Compound with Three Residences

    54 Rons Road, Santa Fe, NM 87508

    $1,210,000
    5,975 sqft 9.36 AC lot

    Rural Residential property includes an indoor arena, heated pool, and private well.

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    Commercial General Warehouse
    Commercial General Warehouse

    27202 E Frontage Rd, Santa Fe, NM 87508

    $995,000
    6,012 sqft

    For sale warehouse totaling 6,012 SF on 3.51 acres, zoned CG (Commercial General).

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    Agricultural Land with Bosque and Rio Grande Access
    Agricultural Land with Bosque and Rio Grande Access

    2 Sparkling Moolah Road, Pena Blanca, NM 87041

    $207,000
    4.60 AC lot

    Rural Residential agricultural land with west-side Bosque and Rio Grande access; well and septic required.

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    Riverside Farmland Lots with Wetlands
    Riverside Farmland Lots with Wetlands

    7 Sparkling Moolah Road, Pena Blanca, NM 87041

    $82,000
    1.84 AC lot

    Rural residential farmland lots with well and septic required, including west-side wetland areas and east-side developable lots.

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    Off-Market Properties in Madrid, NM

    Consider similar Off-Market properties in Madrid, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2874 Nm 14
    COMMERCIAL (GENERAL)

    2874 Nm 14, Cerrillos, NM 87010-9743

    Estimated value:
    $270,000
    777 sqft
    View details
    2865 Nm 14
    COMMERCIAL (GENERAL)

    2865 Nm 14, Cerrillos, NM 87010-9754

    Estimated value:
    $300,000
    200 sqft
    View details
    2883 Nm 14a
    COMMERCIAL (GENERAL)

    2883 Nm 14a, Cerrillos, NM 87010-9756

    Estimated value:
    $545,000
    3,658 sqft 0.19 AC lot
    View details
    2876 Nm 14
    COMMERCIAL (GENERAL)

    2876 Nm 14, Cerrillos, NM 87010-9743

    Estimated value:
    $290,000
    1,020 sqft 0.18 AC lot
    View details
    38 Red Tail Rd
    COMMERCIAL (GENERAL)

    38 Red Tail Rd, Cerrillos, NM 87010-8712

    Estimated value:
    $315,000
    1,578 sqft 34.63 AC lot
    View details
    2828 Nm 14th N
    COMMERCIAL (GENERAL)

    2828 Nm 14th N, Cerrillos, NM 87010-9746

    Estimated value:
    $185,000
    812 sqft 0.08 AC lot
    View details
    2860 Nm 14c
    COMMERCIAL (GENERAL)

    2860 Nm 14c, Cerrillos, NM 87010-9744

    Estimated value:
    $290,000
    1,258 sqft
    View details
    78 Vis Del Oro
    COMMERCIAL (GENERAL)

    78 Vis Del Oro, Cerrillos, NM 87010-8802

    Estimated value:
    $365,000
    400 sqft 63.78 AC lot
    View details
    2853 Nm 14
    COMMERCIAL (GENERAL)

    2853 Nm 14, Cerrillos, NM 87010-9752

    Estimated value:
    $280,000
    1,174 sqft 0.17 AC lot
    View details
    42 Main St
    THEATER (MOVIE)

    42 Main St, Cerrillos, NM 87010

    Estimated value:
    $275,000
    446 sqft
    View details
    2878 Nm 14
    COMMERCIAL (GENERAL)

    2878 Nm 14, Cerrillos, NM 87010-9743

    Estimated value:
    $280,000
    1,020 sqft 0.18 AC lot
    View details
    2832 Nm 14th N
    COMMERCIAL (GENERAL)

    2832 Nm 14th N, Cerrillos, NM 87010

    Estimated value:
    $150,000
    256 sqft 0.75 AC lot
    View details
    2842 Nm 14th Na
    COMMERCIAL (GENERAL)

    2842 Nm 14th Na, Cerrillos, NM 87010-9746

    Estimated value:
    $305,000
    5,591 sqft 0.17 AC lot
    View details
    2859 Nm 14
    COMMERCIAL (GENERAL)

    2859 Nm 14, Cerrillos, NM 87010-9752

    Estimated value:
    $285,000
    216 sqft
    View details
    4 Firehouse Ln
    COMMERCIAL (GENERAL)

    4 Firehouse Ln, Cerrillos, NM 87010-9796

    Estimated value:
    $280,000
    660 sqft 0.75 AC lot
    View details
    87 Camino San Marcos
    COMMERCIAL (GENERAL)

    87 Camino San Marcos, Cerrillos, NM 87010

    Estimated value:
    $280,000
    40.01 AC lot
    View details
    2843 Nm 14
    COMMERCIAL (GENERAL)

    2843 Nm 14, Cerrillos, NM 87010-9749

    Estimated value:
    $305,000
    1,952 sqft
    View details

    Madrid, NM Commercial Real Estate Market Trends and Statistics

    Explore 60 commercial real estate for sale in Madrid, NM, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 7,802 square feet of properties for sale, with an estimated market value of $5,757,164.

    Sale prices for business properties in Madrid, NM start at $105,000, averaging $822,452, 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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    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 $490K

    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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