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    628 A State Rd Chimayo, NM 87522

    For Sale
    $350,000
    Property size:
    5,000 SF
    Added:
    Feb 3, 2025
    Days on Market:
    314

    Property Features for 628 A State Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,000 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Chimayo
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -105.9635
    Latitude
    36.00542

    Nearby Comparable

    • $160,000
      0.80 Acres

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    • $155,000
      1.50 Acres

      1.5 Acre Irrigated Land

      Rare 1.5 acre irrigated lot with electric distribution line.
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    Nearby Similar for Sale

    • $160,000
      0.80 Acres

      Tiny Home in Chimayo

      Comfortable, efficient tiny home near Santa Fe, Los Alamos, and Espanola.
      17 Private Dr, Chimayo, NM 87522
      View Details

    FAQs

    Where is this mixed-use property located?
    The property is located at 628 A State Rd Chimayo, NM.
    What is the asking price?
    The asking price for this property is $350,000.
    (505) 988-2533
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    628 A State Rd Chimayo, NM 87522
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    Chimayo, NM 87522
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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
    628 A State Rd Chimayo, NM 87522
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