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    272 Armijo Rd Belen, NM 87002

    For Sale
    $227,250

    LAND - Belen, NM

    Lot size:
    5.05 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 12 at 8:06 pm

    Property Features for 272 Armijo Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1 007 024 110 205 000000
    Lot size
    5.05 Acres

    Utilities

    Water source
    Well, Private

    Realty One of New Mexico (505) 883-9400 [email protected]

    Listing agent Jessica C Rasband (505) 261-3501 License #REC20231115

    Listing date Oct 14, 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 Ideal for Dream Home

    This 5.05-acre property is located in Belen, New Mexico, and is suited for creating a home, gardening, recreation, or use as a farm. Situated in the New Mexico greenbelt, the land includes an existing well and a started home pad. Any existing water rights are to convey with the property. The land offers possibilities for creating a home landscape, cultivating crops, or maintaining livestock. The property is located in Valencia County, with a Belen postal city and a postal code of 87002.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.778769
    Latitude
    34.600701

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    FAQs

    What type of property is this?
    Land - 5-acre property in Belen, NM, with well and home pad.
    Where is this land located?
    The property is located at 272 Armijo Rd Belen, NM.
    What is the asking price?
    The asking price for this property is $227,250.
    What are key features of this property?
    This property features: - 5-acre property offering ample space for various activities.; - Located in the NM greenbelt.; - Existing Well on the property.
    (505) 261-3501
    Request Owner's contact information
    272 Armijo Rd Belen, NM 87002
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    Belen, NM 87002
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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
    272 Armijo Rd Belen, NM 87002
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