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    Hernandez, NM
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    Hernandez, NM Land for Sale

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    Espanola, NM Chamita, NM Abiquiu, NM
    Land with Adobe Structure
    $124,900
    0.62 Acres
    Land with Adobe Structure

    19378 US 84, Hernandez, NM 87537

    0.62-acre lot with adobe structure in Northern New Mexico.
    • Flexible financing with owner willing to sell on a Real Estate Contract.
    • Spacious 0.62‑acre lot in Northern New Mexico.
    • Cleared lot ready for development, including mobile home placement.
    • Unique double adobe structure with potential for storage, workshop, or project space.
    • Opportunity to invest in land and possibilities.
    Updated: Feb 15
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    Chama River Frontage Land
    $370,000
    9.88 Acres
    Chama River Frontage Land

    789 County Road 01, Hernandez, NM 87537

    9.88-acre parcel with river frontage and irrigation rights.
    • Approximately 250 feet of Chama River frontage.
    • 8.95 acre feet of surface irrigation rights from the Hernandez Ditch.
    • 9.88 acre parcel planted in grass/alfalfa, yielding three cuttings a season.
    • No covenants or restrictions.
    • Cleared half‑acre bosque for river access.
    Updated: Sep 30, 2025
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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Hernandez, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    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

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    Land Parcel in Espanola, NM
    $45,000
    0.53 Acres
    Land Parcel in Espanola, NM

    0.531-acre parcel within Espanola city limits, suitable for gardening.

    CALLE JUAN JOSE VIGIL, Espanola, NM 87532

    View details
    Land Available in Espanola, NM
    $225,000
    500,678 SF
    Land Available in Espanola, NM

    Land for sale in Espanola, New Mexico.

    84/285 Hennigan #Lot B, Espanola, NM 87532

    View details
    Land For Sale
    $51,000
    Land For Sale

    Land available for purchase.

    9 Cielo Rojo, Espanola, NM 87532

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres
    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879

    View details

    Hernandez, NM Land Investment Opportunities Market Analysis

    Explore 2 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 $494,900.

    Sale prices for lots in Hernandez, NM start at $124,900, averaging $247,450, and reaching up to $370,000 — 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

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 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 average listing prices of real estate assets

    Neighborhood Average Price
    87537 $216.3K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Rio Arriba County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Rio Arriba County

    Retail

    Office

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