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    Colin Chama, NM 87520

    For Lease
    $560,000

    Land - Chama, NM

    Lot size:
    5.40 Acres
    Days on Market:
    435
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for Colin

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Other
    Lot size
    5.40 Acres

    Building Details

    Architectural style
    Other

    The Brokerage Realty ABQ., Inc (505) 299-6983

    Listing agent Jeremy E. Gonzales (505) 299-6983

    Listing date Sep 30, 2024

    MLS# 201903613 Listing URL

    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

    Commercial Land Near Chama River

    This 5.4+- acre commercial property is located on the west side of Highway 84 at the Chama River, as you enter from the south. It is available for ground lease at $4,700.00 per month on an absolute NNN basis, or for sale at $560,000.00. The property borders the Chama River. Availability of water, sewer, gas, and electric utilities is subject to the requirements of the utility providers.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Chama
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.58471298
    Latitude
    36.87841429

    FAQs

    What type of property is this?
    Commercial land - 5.4+- acre commercial property in Chama available for lease/sale.
    Where is this commercial land located?
    The property is located at Colin Chama, NM.
    What are key features of this property?
    This property features: - 5.4+- acre commercial property.; - Located on HWY 84 at the Chama River.; - Available for ground lease at $4,700/month NNN or sale for $560,000.
    (505) 299-6983
    Request Owner's contact information
    Colin Chama, NM 87520
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    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
    Colin Chama, NM 87520
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