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Fully Fenced Agricultural Land with Shop
For Sale
$195,000

235 Riley Road, Estancia, NM 87016

LAND - Estancia, NM

Property SizeContact for details
Lot Size50.00 Acres
Days on Market186

Property Features for 235 Riley Road

General Information

Property type Land
Property subtype Other
Zoning description RR
Exterior features PropaneTankOwned
Fencing Fenced
Subdivision LANDS OF GORTON and LANDS OF EBLING
Lot features Views, Acreage
Directions From the intersection of Hwy 41 and Hwy 55 in Estancia, go West on Hwy 55 for 8.3 miles to Riley RD. Turn South on Riley Rd and the entrance gate is 2.3 miles on the West side of the road. Look for the sign.ORFrom the intersection of Hwy 337 and Hwy 55 go East on Hwy 55 for 2 miles to Riley RD. Turn South on Riley Rd and the entrance gate is 2.3 miles on the West side of the road. Look for the sign.
Standard status Active
APN R023258
Lot size 50.00 Acres

Taxes and HOA fees

Tax Description S: 28 T: 6N R: 7E Tr E-1 (10Ac) & Tr E-2 (10Ac) Within Se4ne4, Survey B/170, Lands Of Gorton SurveyAndS:28 T:6N R:7E Tr B-1 (9.952Ac), B-3 (10.017Ac) & B-4 (9.949Ac) Within Ne4ne4, Survey C/206 -Lands Of Valgene Ebeling
Tax Annual Amount 135
Legal Description S: 28 T: 6N R: 7E Tr E-1 (10Ac) & Tr E-2 (10Ac) Within Se4ne4, Survey B/170, Lands Of Gorton SurveyAndS:28 T:6N R:7E Tr B-1 (9.952Ac), B-3 (10.017Ac) & B-4 (9.949Ac) Within Ne4ne4, Survey C/206 -Lands Of Valgene Ebeling

Utilities

Utilities Propane
Water source Private, Well
Listing Agency: Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
Listed By: Sam C Swari · License #47803
Added: Feb 3 Changed: Aug 1 Last Checked: Aug 8 at 6:06PM
MLS# 1098261

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Fully fenced agricultural land offering 50+/- acres with a pipe entry way and gate, designed for rural living. A large 30x50 shop is included and ready to use, with an interior small clean area that can serve as an office or separate storage. The shop exterior walls are insulated, with concrete floors and open rafters for additional storage.

The property is accessed by a paved road and is located just minutes away from Estancia. Views include the Manzano Mountains, with New Mexico sunsets, and the drive time is approximately 45 minutes to Albuquerque.

Water service is provided by a domestic/livestock well described as a 3 acre-foot well. The well system includes newer plumbing and a pressure tank that were serviced or replaced in late January 2026 and are reported in good working order. Propane service is available via a propane tank owned by the property.

Key Highlights

  • 50+/- acres with fenced perimeter and pipe entry way with gate
  • Large 30x50 shop ready to use with insulated exterior walls
  • Concrete floors and open rafters in the shop for added storage

Property Analytics

Current Use

Flex space

Lease Details

Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

Demographics for 87016, NM

3,091
Population
1,390
Households
2.2
Avg Household Size
44
Median Age
11%
College-Educated
90%
High-School Grad
582.6 sq mi
ZIP Area
5
Density / Sq Mi
$44,129
Median Household Income
$30,879
Median Earnings
$823
Median Rent
$117,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Fully fenced farmland with a ready-to-use shop, domestic/livestock well water, and propane service on-site.
Where is this agricultural land / farmland located?
The property is located at 235 Riley Road Estancia, NM.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 50+/- acres with fenced perimeter and pipe entry way with gate; Large 30x50 shop ready to use with insulated exterior walls; Concrete floors and open rafters in the shop for added storage
More about this property
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