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    5 Drum Rd Edgewood, NM 87015

    For Sale
    $37,000

    LAND - Edgewood, NM

    Lot size:
    1.00 Acre
    Days on Market:
    161
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 5 Drum Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Wooded
    APN
    103605103519730129
    Lot size
    1.00 Acre

    RE/MAX EXCLUSIVE (505) 833-1400 [email protected]

    Listing agent Daniel Velazquez (505) 304-2303 License #41048

    Listing date Jun 28, 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

    Tranquil One Acre Lot

    This one-acre lot is located in Edgewood, New Mexico, within Bernalillo County, offering convenient access to I-40 via Main Road 217. The flat lot features numerous pinon trees. Utilities are located nearby. This property is presented as a potential future investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Edgewood
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.260257
    Latitude
    34.987738

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    FAQs

    What type of property is this?
    Land - One-acre lot in Edgewood, NM, with pinon trees and nearby utilities.
    Where is this land located?
    The property is located at 5 Drum Rd Edgewood, NM.
    What is the asking price?
    The asking price for this property is $37,000.
    What are key features of this property?
    This property features: - Large 1-acre lot offers space and privacy.; - Convenient location with easy access to I-40 via Highway 217.; - Utilities are close by, simplifying development.
    (505) 304-2303
    Request Owner's contact information
    5 Drum Rd Edgewood, NM 87015
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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
    5 Drum Rd Edgewood, NM 87015
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