Listing Agency: BARKER REALTY, LLC Show Phone

Listed By: MICHAEL S. SANFORD · License #52569 Show Phone

Source: Corcoran

Added: Sep 30, 2025 Changed: Sep 3 Last Checked: Sep 2 at 8:38PM

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Investment Insights

Based on property information with market context.

This 0.75-acre lot in Madrid, NM, is ready to build. The leveled parcel has a water well and electricity on-site. It is zoned commercial/residential and allows live-work builds in historic style. The property is located within walking distance of art galleries, restaurants, coffee shops, and a general store. It offers canyon views to Waldo Mesa and the Cerrillos Hills. The property is part of the Madrid Landowners Association, with dues of $20 per year. It is located 17 miles from Santa Fe, with easy access to Hwy 14.

Key Highlights

• Ready‑to‑build turnkey lot with existing well and power.
• Zoned commercial/residential, allowing for live‑work builds.
• Flat, 0.75‑acre parcel in Madrid, NM.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store Computer & Electronic Repair Real Estate Agency Gym & Fitness Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

108

Businesses Nearby

Explore this area Business Placement

Demographics for 87010, NM

1,165

Population

898

Households

1.3

Avg Household Size

58

Median Age

63%

College-Educated

100%

High-School Grad

166.7 sq mi

ZIP Area

7

Density / Sq Mi

$45,490

Median Household Income

$21,840

Median Earnings

$1,375

Median Rent

$450,000

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Ready-to-Build Lot in Madrid, NM

34 Ice House Road, Madrid, NM 87010

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.75-acre lot with well, power, and commercial/residential zoning.

Where is this commercial land located?

The property is located at 34 Ice House Madrid, NM.

What is the asking price?

The asking price for this property is $105,000.

What are key features of this property?

This property features: Ready‑to‑build turnkey lot with existing well and power.; Zoned commercial/residential, allowing for live‑work builds.; Flat, 0.75‑acre parcel in Madrid, NM.