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    Paseo De Las Palmas Cerrillos, NM 87010

    Sponsored
    For Sale
    Pending
    $260,900

    LAND - Cerrillos, NM

    Lot size:
    193.10 Acres
    Days on Market:
    133
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for Paseo De Las Palmas

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    Rural Residential
    APN
    079002776
    Lot size
    193.10 Acres

    Congress Realty (888) 229-2009

    Listing agent Jared English (888) 881-4118 License #20608

    Listing date Aug 26, 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

    193-Acre Land in Cerrillos, NM

    This 193.10-acre property is located in Cerrillos, New Mexico, and comprises three adjoining lots featuring a mix of open land and native trees. The site offers potential for a private retreat, ranch, or development. The location provides access to sunsets, open skies, and nearby attractions such as the historic village of Cerrillos, Turquoise Trail, and Cerrillos Hills State Park. Situated 30 minutes from Santa Fe, the property allows access to arts, dining, and culture. The land is zoned as Rural Residential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Cerrillos
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.1250804
    Latitude
    35.4315857

    FAQs

    What type of property is this?
    Land - 193.10-acre property with open land and native trees near Santa Fe.
    Where is this land located?
    The property is located at Paseo De Las Palmas Cerrillos, NM.
    What is the asking price?
    The asking price for this property is $260,900.
    What are key features of this property?
    This property features: - 193.10 acres of land offering potential for a private retreat, ranch, or development.; - Located just 30 minutes from Santa Fe, providing access to arts, dining, and culture.; - Includes three adjoining lots with a mix of open land and native trees.
    (888) 881-4118
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    Paseo De Las Palmas Cerrillos, NM 87010
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    Cerrillos, NM 87010
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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
    Paseo De Las Palmas Cerrillos, NM 87010
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