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    555 Ter Ave Chama, NM 87520

    For Sale
    $108,000

    LAND - Chama, NM

    Lot size:
    0.17 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 555 Ter Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1017184289331 1017184289331
    Lot size
    0.17 Acres

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

    Listing agent Michael Lizzi (505) 449-7003 License #46504

    Listing date Oct 20, 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

    Commercial Lot Near Historic Railroad

    This commercial lot, encompassing 0.17 acres, is situated in downtown Chama, New Mexico, directly across from the historic Cumbres & Toltec Scenic Railroad station. Established in 1880, this heritage railroad provides 64-mile steam train excursions through the Rocky Mountains, drawing a significant number of tourists each year. Chama, located at an elevation of 7,860 feet, serves as a gateway to outdoor activities such as fishing, hiking, and hunting. The town's active tourism industry supports a variety of dining establishments, including Rio Chama Espresso, Foster's Hotel Bar Restaurant, and Boxcar Cafe. This property presents considerable opportunities for businesses that cater to both tourists and local residents.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chama
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.579672
    Latitude
    36.902314

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial lot in downtown Chama, near Cumbres & Toltec.
    Where is this commercial land located?
    The property is located at 555 Ter Ave Chama, NM.
    What is the asking price?
    The asking price for this property is $108,000.
    What are key features of this property?
    This property features: - Prime commercial lot in downtown Chama, NM.; - Directly across from the Cumbres & Toltec Scenic Railroad station, benefiting from **high tourist traffic**.; - Located in a town with a vibrant tourism scene.
    (505) 449-7003
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    555 Ter Ave Chama, NM 87520
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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
    555 Ter Ave Chama, NM 87520
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