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    1438 Nm 16 Cerrillos, NM 87010

    For Sale
    $2,918,164

    LAND - Cerrillos, NM

    Lot size:
    307.18 Acres
    Days on Market:
    33
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 1438 Nm 16

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    103808326900000000
    Lot size
    307.18 Acres

    Coldwell Banker Legacy (505) 292-8900 [email protected]

    Listing agent Nichole M. Bronstorp (505) 209-1246 License #REC20240538

    Listing date Nov 9, 2025

    MLS# 1094135 Listing URL

    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

    307 Acres Subdividable Land

    This is a rare opportunity to own just over 307 acres of versatile land, ideally positioned halfway between Santa Fe and Albuquerque, New Mexico, with easy access right off the interstate. The property offers excellent visibility and access from the interstate, located between two of New Mexico's major markets. The subdividable tracts offer flexibility for investors or developers. Expansive open vistas and New Mexico landscapes are featured. This property represents a significant investment opportunity for developers or businesses seeking a large, accessible tract of land in a strategic central location.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Cerrillos
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.213756
    Latitude
    35.44921

    FAQs

    What type of property is this?
    Land - 307 acres of subdividable land between Santa Fe and Albuquerque.
    Where is this land located?
    The property is located at 1438 Nm 16 Cerrillos, NM.
    What is the asking price?
    The asking price for this property is $2,918,164.
    What are key features of this property?
    This property features: - 936 Contiguous Acres: A large, versatile land package.; - Prime Location: Strategically positioned between Santa Fe and Albuquerque.; - Easy Interstate Access: Excellent visibility and access directly off the interstate.
    (505) 209-1246
    Request Owner's contact information
    1438 Nm 16 Cerrillos, NM 87010
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    Cerrillos, NM 87010
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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
    1438 Nm 16 Cerrillos, NM 87010
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