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    State Road 399 Espanola, NM 87532

    For Sale
    $150,000

    LAND - La Mesilla, NM

    Lot size:
    1.00 Acre
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for State Road 399

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-047-117-017-390
    Lot size
    1.00 Acre

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

    Listing agent Ramon Juan de Aragon (505) 259-2527 License #53103

    Listing date Nov 26, 2025

    MLS# 1091045 Listing URL

    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

    Land in La Mesilla, NM

    This one-acre parcel is located in La Mesilla, New Mexico, near Espanola. The property is situated in the Rio Grande Valley and is suitable for building a home or for agricultural use, with available water rights. The location is approximately 26.0 miles from Los Alamos and 25.2 miles from Santa Fe.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Espanola
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.071189
    Latitude
    35.95447

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    FAQs

    What type of property is this?
    Land - One-acre parcel in La Mesilla, perfect for a dream home.
    Where is this land located?
    The property is located at State Road 399 Espanola, NM.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - One-acre parcel in La Mesilla, offering ample space.; - Water rights included, suitable for agricultural use.; - Located in the Rio Grande Valley with dramatic landscapes.
    (505) 259-2527
    Request Owner's contact information
    State Road 399 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
    State Road 399 Espanola, NM 87532
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