Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    137 Los Rios Rd B007 Arroyo Hondo, NM 87513

    View on Map
    For Sale
    $275,000

    LAND - Arroyo Hondo, NM

    Lot size:
    7.86 Acres
    Added:
    Jul 29, 2025
    Days on Market:
    246
    Last Refresh:
    Mar 31 at 10:06 pm

    Property Features for 137 Los Rios Rd B007

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-068-156-452-435
    Lot size
    7.86 Acres

    Taxes and HOA fees

    TaxDescription
    7.862 ac, Part of Tracts 16 & 17, Map 48, Survey 4. Tract B. Twp 26N, Rge 12E, Sec 5, Quad 1.
    TaxAnnualAmount
    645

    Utilities

    Utilities
    Propane
    Sewer type
    Unknown
    Water source
    Well

    We can help!

    Listing Contact
    Dee Doubleday

    Listing agent Dee Doubleday License #19615

    Listing office Mariposa Realty of Taos 716 Zuni St., Taos, NM

    Listing date Jul 29, 2025

    MLS# 113796

    Copyright © 2025 Enchanted Circle Association of REALTORS®. 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 Private Well, Power

    This 7.86-acre parcel is equipped with a private well, power, and fiber optic connections. The property offers 360-degree views, including a view of the Arroyo Hondo valley. The land features trees and shrubbery, providing a sense of privacy. It is located close to town, with access to Taos Ski Valley, the Rio Grande Gorge, Ojo Caliente Hot Springs, and the Taos airport. The property is accessible from Los Rios Rd or Acequia Madre del Llano Rd and is located in Arroyo Hondo, New Mexico.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Arroyo Hondo
    County
    Taos
    State
    New Mexico
    Longitude
    -105.6780258
    Latitude
    36.521303

    Nearby Similar for Sale

    • $299,000

      Land Near Rio Grande River

      Versatile land with RV hookups and potential income.
      80 Acequia del Madre Llano, Arroyo Hondo, NM 87513
      View Details
    • $90,000

      Land Parcel in Arroyo Hondo

      Private 3-acre parcel in a secluded area.
      Tres Lomas, Arroyo Hondo, NM 87513
      View Details
    • $159,000

      Arroyo Hondo Land Parcel

      8.42-acre land parcel with mountain views near Taos.
      Sandia Canyon Road lot: 14, Arroyo Hondo, NM 87513
      View Details
    • $375,000

      Arroyo Hondo Development Lot

      Prime development lot with expansive views in Arroyo Hondo.
      undisclosed, Arroyo Hondo, NM 87513
      View Details
    • $330,000

      Highway Frontage Commercial Land

      1.2+ acre commercial property in Arroyo Hondo, New Mexico.
      1 Plus Acres On Highway 522, Arroyo Hondo, NM 87513
      View Details
    • $100,000

      Arroyo Hondo Land with Views

      3-acre land with views near BLM and hiking trails.
      Spanish Peaks Drive, Arroyo Hondo, NM 87513-0000
      View Details
    • $150,000

      Arroyo Hondo Land with Views

      Large 13+ acre parcel with elevated Western views.
      Canoncito Lane Turley Mill Lot 7, Arroyo Hondo, NM 87513
      View Details
    • $120,000

      Land with Mountain Views

      4.5 acres in Arroyo Hondo with utilities and views.
      Unk Sandia Canyon Rd, Arroyo Hondo, NM 87513
      View Details
    • $375,000

      Arroyo Hondo Land For Sale

      Private Arroyo Hondo lot with expansive views and development potential.
      Camino Monte Azul, Arroyo Hondo, NM 87513
      View Details
    • $595,000

      Wooded Land in Arroyo Hondo

      20-acre wooded property with subdivision potential near paved roads.
      Canyon of the Woods Off Hondo Seco Road, Arroyo Hondo, NM 87514
      View Details
    • $270,000

      Arroyo Hondo Land For Sale

      30 acres in Arroyo Hondo near Rio Grande Gorge.
      Tract A1 Spanish Peaks, Arroyo Hondo, NM 87513
      View Details
    • $595,000

      Arroyo Hondo Wooded Land

      20-acre wooded property with subdivision potential near Arroyo Hondo.
      Canyon of the Woods Off Hondo Seco Road, Arroyo Hondo, NM 87514
      View Details

    FAQs

    What type of property is this?
    Land - 7.86 acre parcel with well, power, and fiber optic.
    Where is this land located?
    The property is located at 137 Los Rios Rd B007 Arroyo Hondo, NM.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 7.86 acre parcel ready for building.; Private well, power, and fiber optic already installed.; Stunning 360 degree views, including Arroyo Hondo valley.
    (575) 758-5600
    We can help!
    Listing Contact
    Dee Doubleday
    Real Estate License ID: 19615
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!