Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    El Camino Real lot 577 Angel Fire, NM 87710

    View on Map
    Claim this Listing
    For Sale
    $35,000

    LAND - Angel Fire, NM

    Lot size:
    0.84 Acres
    Added:
    Aug 23, 2024
    Days on Market:
    624
    Last Refresh:
    May 8 at 3:06 pm

    Property Features for El Camino Real lot 577

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.84 Acres

    Taxes and HOA fees

    Tax Description
    Lot 577 Angel Fire Chalets #2
    Tax Annual Amount
    149

    Utilities

    Utilities
    Propane
    Sewer type
    Unknown

    We can help!

    Listing Contact
    Trujillo Maes Real Estate Group

    Listing agent Trujillo Maes Real Estate Group

    Listing office Berkshire Hathaway HomeServices Taos Real Estate 314 A Paseo del Pueblo Norte, Taos, NM

    Listing date Aug 23, 2024

    MLS# 112281 Listing URL

    Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Cleared lot ready for building YOUR DREAM HOME.
    • Utilities (including Propane) are at the lot or nearby.
    • Minutes from both a ski resort and a golf course.
    • Borders a greenbelt on the back and side, offering PRIVACY.
    • Offers wildlife and tranquility.
    • Beautiful lot.

    Overview

    Land in Angel Fire, NM

    This 0.84-acre cleared lot offers a tranquil setting with abundant wildlife. Most utilities are available at the lot or nearby, facilitating the building process. The property is conveniently located minutes from both the ski resort and the golf course. A greenbelt borders the back and side of the lot, providing a natural buffer.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Angel Fire
    County
    Colfax
    State
    New Mexico
    Longitude
    -105.322
    Latitude
    36.4207

    Nearby Similar for Sale

    • $345,000

      Redwood Commons Versatile Mountain Living

      Two-unit condo in Angel Fire with rental potential.
      20 B8 and B10 Jackson Hole, Angel Fire, NM 87710
      View Details
    • $485,000

      Angel Fire Commercial Land Parcel

      5.3 acre commercial land with development potential in Angel Fire.
      Angel Fire, NM 87710
      View Details
    • $62,000

      Ski Access Land in Angel

      0.80-acre lot near ski run with mountain views.
      Panorama Way N lot: 607, Angel Fire, NM 87710
      View Details
    • $57,500

      Land with Mountain and Valley Views

      2.53 acres with expansive mountain and valley views.
      330 329 328 Rio Arriba Drive, Angel Fire, NM 87710
      View Details
    • $40,000

      Half-Acre Lot in Angel Fire

      Level lot near Angel Fire Country Club with utilities.
      Knollwood Way lot: 3, Angel Fire, NM 87710
      View Details
    • $19,000

      Angel Fire Mountain Home Lot

      1.27-acre lot near Angel Fire Resort.
      Camino Real lot: 1548, Angel Fire, NM 87710
      View Details
    • $100,000

      Angel Fire Equestrian Lot

      9.68-acre equestrian lot with privacy and mountain views.
      45 Sacramento Dr, Angel Fire, NM 87710
      View Details
    • $225,000

      Angel Fire Equestrian Land

      Equestrian property with privacy and year-round access near amenities.
      45 and 46 Sacramento Dr, Angel Fire, NM 87710
      View Details
    • $72,000

      Land Parcel in Angel Fire

      1.70 acre lot near Angel Fire Resort amenities.
      Sierra Blanca Trail lot: 1355A, Angel Fire, NM 87710
      View Details
    • $28,000

      Land Near Chili Express Lift

      0.75-acre lot suitable for investment or mountain home.
      Back Basin Rd lot: 156, Angel Fire, NM 87710
      View Details
    • $24,000

      Angel Fire Double Lot

      1.56 acres in Angel Fire with mountain views.
      Panorama Way lot: 1142A, Angel Fire, NM 87710
      View Details
    • $75,000

      Expansive Land Parcel in Angel

      Nearly 2-acre homesite with greenbelt and meadowland views.
      1004 and 1005 El Camino Real, Angel Fire, NM 87710
      View Details

    FAQs

    What type of property is this?
    Land - Cleared 0.84-acre lot near ski resort and golf course.
    Where is this land located?
    The property is located at El Camino Real lot 577 Angel Fire, NM.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Cleared lot ready for building YOUR DREAM HOME.; Utilities (including Propane) are at the lot or nearby.; Minutes from both a ski resort and a golf course.
    (575) 758-1924
    We can help!
    Listing Contact
    Trujillo Maes Real Estate Group
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    El Camino Real lot: 577, Angel Fire, NM 87710
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!