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    120 Co Rd La Mesilla, NM 87532

    For Sale
    $615,000

    LAND - La Mesilla, NM

    Lot size:
    19.68 Acres
    Days on Market:
    71
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 120 Co Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    1046116101514
    Lot size
    19.68 Acres

    Southwest Elite Real Estate (505) 280-9256 [email protected]

    Listing agent Jonathan M Ortiz (505) 363-8451 License #44118

    Listing date Oct 2, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with River Views

    This 19.86-acre property, formerly agricultural land, is located in Northern New Mexico. The land extends to the banks of the Rio Grande, offering views downstream toward Black Mesa. The property is mostly flat and usable, presenting building sites with views and direct access to nature. This property offers the opportunity to build a home in a scenic setting. Potential uses include fishing, growing crops, or enjoying open space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    La Mesilla
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.089664
    Latitude
    35.944896

    FAQs

    What type of property is this?
    Agricultural land - 19.86-acre property with river views and water rights in New Mexico.
    Where is this agricultural land located?
    The property is located at 120 Co Rd La Mesilla, NM.
    What is the asking price?
    The asking price for this property is $615,000.
    What are key features of this property?
    This property features: - 19.86-acre property with water rights.; - Direct access to the Rio Grande River.; - **Stunning downstream views toward Black Mesa.**
    (505) 363-8451
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    120 Co Rd La Mesilla, NM 87532
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    La Mesilla, NM 87532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Co Rd La Mesilla, NM 87532
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