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    909 Railroad Ave N Espanola, NM 87532

    Sponsored
    For Sale
    $278,500

    LAND - Espanola, NM

    Lot size:
    3.55 Acres
    Days on Market:
    94
    Last Refresh:
    Jan 7 at 8:06 am

    Property Features for 909 Railroad Ave N

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Grassed
    Zoning
    R-1, 2, 3, 4, 5, 6
    APN
    1046120345261
    Exterior features
    Curb
    Lot size
    3.55 Acres

    Keller Williams Realty (505) 983-5151 [email protected]

    Listing agent Fateh Ferrari (505) 690-3075 License #18644

    Listing date Oct 6, 2025

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Espanola Land with Water Rights

    This property offers 3.5 acres of irrigated land in a prime location, presenting an opportunity for residential development. Zoned R6, the land allows for manufactured and modular homes, making it suitable for a single residential dream home, a guest house, or a multiple-home project. The agricultural land features Bosque trees, water rights, solar exposure, and distant mountain views. City water and city sewer utilities are available in the street. The eastside boundary borders Santa Clara Indian land. Situated across a wide street from Northern New Mexico College, the location is convenient for commuters to Los Alamos National Laboratory (LANL) and Santa Fe.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Espanola
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.0797474
    Latitude
    36.0018023

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    FAQs

    What type of property is this?
    Agricultural land - 3.5 acres with water rights, suitable for residential development.
    Where is this agricultural land located?
    The property is located at 909 Railroad Ave N Espanola, NM.
    What is the asking price?
    The asking price for this property is $278,500.
    What are key features of this property?
    This property features: - Significant price reduction of $40.5K!; - 3.5 irrigated acres with water rights included.; - R6 zoning allows multiple homes or a guest house.
    (505) 690-3075
    Request Owner's contact information
    909 Railroad Ave N Espanola, NM 87532
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    Espanola, NM 87532
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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
    909 Railroad Ave N Espanola, NM 87532
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