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    1602 S State Highway 602 Vanderwagen, NM 87326

    For Sale
    $575,000

    Unimproved Land - Vanderwagen, NM

    Type:Unimproved Land
    Lot size:
    10.14 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 1602 S State Highway 602

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    2107071121107
    Exterior features
    Irregular Lot
    Lot size
    10.14 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Combined Investments (505) 862-1852 [email protected]

    Listing agent Tony Sanchez (505) 862-1852

    Listing date Oct 9, 2025

    MLS# 20255280 Listing URL

    Copyright © 2025 New Mexico 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 Highway Frontage

    This 10.14-acre property is located in Vanderwagen, New Mexico, and offers long road frontage on State Highway 602, a main travel route into Gallup and South. The property has excellent visibility and access along a heavily traveled artery. A water well and electricity are already on-site. The location is just minutes South of Gallup, between Gallup and Zuni. This property is ideal for multiple uses, including establishing a business, building a home, or investing for future growth.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Vanderwagen
    County
    McKinley
    State
    New Mexico
    Longitude
    -108.755574492
    Latitude
    35.278845483

    FAQs

    What type of property is this?
    Land - 10.14 acres with highway frontage, water well, and electricity.
    Where is this land located?
    The property is located at 1602 S State Highway 602 Vanderwagen, NM.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Long road frontage on State Highway 602 provides excellent visibility and access.; - Water well and electricity are already on-site.; - Ideal for multiple uses: business, home, or investment.
    (505) 862-1852
    Request Owner's contact information
    1602 S State Highway 602 Vanderwagen, NM 87326
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    Vanderwagen, NM 87326
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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
    1602 S State Highway 602 Vanderwagen, NM 87326
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