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Commercial Land Near Scenic Railroad
For Sale
$94,000

555 Terrace Ave, Chama, NM 87520

Downtown commercial parcel across from a historic scenic railroad, near shops, restaurants, lodging, and other visitor-oriented businesses.

Property Size7,204 SF
Price / SF$13.05
Days on Market62

Property Features for 555 Terrace Ave

General Information

Standard status Active
Size 7,204 SF
Property subtype Land
Listing Agency: Sonoran Holdings, LLC
Listed By: Missy Ashcraft
Source: Missyashcraft
Added: Aug 17 Changed: Oct 16 Last Checked: Oct 16 at 8:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sonoran Holdings, LLC

Rey
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Investment Insights

Based on property information with market context.

This 0.16-acre commercial land parcel contains 7,204 square feet and is located at 555 Terrace Ave in Chama, New Mexico. The site sits directly across from the Cumbres & Toltec Scenic Railroad, a historic steam railway that attracts visitors to the area.

The property is surrounded by shops, restaurants, lodging, and downtown attractions. Its setting supports consideration of retail, food and beverage, coffee, office, tourism-related, and other commercial concepts serving visitors and the local community. Chama also draws year-round outdoor recreation activity, including fishing, hunting, hiking, camping, and mountain sightseeing.

Key Highlights

  • 0.16‑acre commercial land parcel with 7,204 square feet
  • Directly across from the Cumbres & Toltec Scenic Railroad
  • 555 Terrace Ave, Chama, NM 87520

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store

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

2
Businesses Nearby

Demographics for 87520, NM

1,448
Population
1,329
Households
1.1
Avg Household Size
52
Median Age
29%
College-Educated
83%
High-School Grad
259.1 sq mi
ZIP Area
6
Density / Sq Mi
$59,583
Median Household Income
$49,327
Median Earnings
$529
Median Rent
$207,200
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Downtown commercial parcel across from a historic scenic railroad, near shops, restaurants, lodging, and other visitor-oriented businesses.
Where is this commercial land located?
The property is located at 555 Terrace Ave Chama, NM.
What is the asking price?
The asking price for this property is $94,000.
What are key features of this property?
This property features: 0.16‑acre commercial land parcel with 7,204 square feet; Directly across from the Cumbres & Toltec Scenic Railroad; 555 Terrace Ave, Chama, NM 87520
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