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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 Placitas, NM Sandia Park, NM

6 properties

Live-Work Bungalow with Gallery

Updated: Jun 26

Live-Work Bungalow with Gallery

2863 NM 14 Highway, Madrid, NM 87010

$875,000

1,800 sqft 0.16 AC lot

1931 brick bungalow with mixed residential/commercial use (mixed use zoning allows residential or commercial use)
Separate front gallery space with 14‑ft ceilings plus apartment behind; both have original hardwood floors and updated finishes
Upgrades include new windows and doors, plus remodeled tile and plaster with beamed ceilings and wood/stone flooring
Each space includes mini‑split heat/AC system; heating is heat pump and propane, and cooling is heat pump
Private paved driveway with parking for 3 cars plus 2 additional roadway spots; full basement for storage

This listing looks promising.

Here's a quick look at some key insights for

2863 NM 14 Highway, Madrid, NM 87010

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Est. Cap Rate

2.8%
NOI ÷ price
Est. NOI

$25K
Annual
Mortgage

$275K
Apr 2019

View Property Analytics

Rural Residential Land with Views

Updated: Jun 3

Rural Residential Land with Views

30 Blue Agave, Cerrillos, NM 87010

$339,000

80.00 AC lot

80‑acre property made up of two adjacent 40‑acre lots with separate deeds
Well located near the shared boundary line; well water source listed as well/private with septic needed
Well‑maintained gravel roads and underground power on the property
Varied topography with multiple flat, accessible build sites and dramatic arroyos
Gated neighborhood with covenants that include style restrictions but no minimum build sizes; no HOA

Madrid Commercial Property on Main

Madrid Commercial Property on Main

2849 NM 14, Madrid, NM 87010

$875,000

2,279 sqft 0.17 AC lot

Commercially zoned property in the heart of Madrid, New Mexico.

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.

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 Road, Madrid, NM 87010

$105,000

0.75 AC lot

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

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.

Based on your search, we've compiled 63 Potential Opportunities for your consideration. Besides 6 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.

Three-Residence Compound with Indoor Arena

Three-Residence Compound with Indoor Arena

54 Rons Road, Santa Fe, NM 87508

$1,210,000

5,975 sqft 9.36 AC lot

A compound with three residences, a heated pool, a private well, and an equestrian center featuring an indoor riding arena.

Gated Equestrian Compound with Residence

Gated Equestrian Compound with Residence

794 Camino Los Abuelos, Lamy, NM 87540

$1,789,000

2,662 sqft 70.00 AC lot

Gated compound with a Northern New Mexico-style home and five fenced pastures plus barns for an established equestrian setup.

184 Acres in Lamy, NM

184 Acres in Lamy, NM

McKee Road, Tract 7, Lamy, NM 87540

$515,200

184.23 AC lot

Iconic desert Southwest land with views and utilities available.

Rural Residential Acreage With Views

Rural Residential Acreage With Views

38 Acres Sundog, Santa Fe, NM 87508

$189,000

38.26 AC lot

38.26 acres of rolling, juniper-dotted land zoned rural residential near Santa Fe city limits.

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

Value Estimation by Request

777 sqft

2865 Nm 14

COMMERCIAL (GENERAL)

2865 Nm 14, Cerrillos, NM 87010-9754

Value Estimation by Request

200 sqft

2883 Nm 14a

COMMERCIAL (GENERAL)

2883 Nm 14a, Cerrillos, NM 87010-9756

$545,000

Estimated value

3,658 sqft 0.19 AC lot

2876 Nm 14

COMMERCIAL (GENERAL)

2876 Nm 14, Cerrillos, NM 87010-9743

Value Estimation by Request

1,020 sqft 0.18 AC lot

38 Red Tail Rd

COMMERCIAL (GENERAL)

38 Red Tail Rd, Cerrillos, NM 87010-8712

Value Estimation by Request

1,578 sqft 34.63 AC lot

2828 Nm 14th N

COMMERCIAL (GENERAL)

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

Value Estimation by Request

812 sqft 0.08 AC lot

2860 Nm 14c

COMMERCIAL (GENERAL)

2860 Nm 14c, Cerrillos, NM 87010-9744

Value Estimation by Request

1,258 sqft

78 Vis Del Oro

COMMERCIAL (GENERAL)

78 Vis Del Oro, Cerrillos, NM 87010-8802

Value Estimation by Request

400 sqft 63.78 AC lot

2853 Nm 14

COMMERCIAL (GENERAL)

2853 Nm 14, Cerrillos, NM 87010-9752

Value Estimation by Request

1,174 sqft 0.17 AC lot

42 Main St

THEATER (MOVIE)

42 Main St, Cerrillos, NM 87010

Value Estimation by Request

446 sqft

2878 Nm 14

COMMERCIAL (GENERAL)

2878 Nm 14, Cerrillos, NM 87010-9743

Value Estimation by Request

1,020 sqft 0.18 AC lot

2832 Nm 14th N

COMMERCIAL (GENERAL)

2832 Nm 14th N, Cerrillos, NM 87010

Value Estimation by Request

256 sqft 0.75 AC lot

2842 Nm 14th Na

COMMERCIAL (GENERAL)

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

$835,000

Estimated value

5,591 sqft 0.17 AC lot

2859 Nm 14

COMMERCIAL (GENERAL)

2859 Nm 14, Cerrillos, NM 87010-9752

Value Estimation by Request

216 sqft

4 Firehouse Ln

COMMERCIAL (GENERAL)

4 Firehouse Ln, Cerrillos, NM 87010-9796

Value Estimation by Request

660 sqft 0.75 AC lot

87 Camino San Marcos

COMMERCIAL (GENERAL)

87 Camino San Marcos, Cerrillos, NM 87010

Value Estimation by Request

40.01 AC lot

2843 Nm 14

COMMERCIAL (GENERAL)

2843 Nm 14, Cerrillos, NM 87010-9749

Value Estimation by Request

1,952 sqft

2863 Nm 14

COMMERCIAL (GENERAL)

2863 Nm 14, Cerrillos, NM 87010-9754

Value Estimation by Request

2,623 sqft

Madrid, NM Commercial Real Estate Market Trends and Statistics

Explore 59 commercial real estate for sale in Madrid, NM, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 4,079 square feet of properties for sale, with an estimated market value of $5,217,164.

Sale prices for business properties in Madrid, NM start at $105,000, averaging $869,527, 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	$493.8K

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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