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Downtown Commercial Land
For Sale
$99,000

555 Terrace Avenue, Chama, NM 87520

Land, Chama, NM

Property SizeContact for details
Lot Size0.17 Acres
Days on Market85

Property Features for 555 Terrace Avenue

General Information

Property type Land
Property subtype Other
Zoning description C
Directions Take hwy 17/ Terrace to property
Subdivision 570 - Rio Arriba
Standard status Active
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 900

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Realty One of New Mexico
Listed By: Michael Lizzi · License #46504
Added: Jun 5 Changed: Aug 19 Last Checked: Aug 28 at 9:06AM
MLS# 1109235

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.

This commercial land parcel is located at 555 Terrace Avenue in Chama, New Mexico, within the downtown area. The site sits directly across from the Cumbres & Toltec Scenic Railroad, a steam railroad attraction that brings visitors to the community and supports seasonal foot traffic near the property.

The surrounding downtown setting includes local shops, restaurants, lodging, and other attractions. Chama also draws year-round visitors for mountain scenery and outdoor recreation, including fishing, hunting, hiking, and camping. Public water and public sewer are identified for the property, providing documented utility service for future site planning.

Key Highlights

  • Commercial land at 555 Terrace Avenue, Chama, NM 87520
  • Directly across from the Cumbres & Toltec Scenic Railroad
  • Downtown setting near shops, restaurants, lodging, and attractions

Property Analytics

Current Use

Commercial land

Location Intelligence

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Public water and sewer serve this centrally positioned parcel near Chama’s principal visitor attraction.
Where is this commercial land located?
The property is located at 555 Terrace Avenue Chama, NM.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Commercial land at 555 Terrace Avenue, Chama, NM 87520; Directly across from the Cumbres & Toltec Scenic Railroad; Downtown setting near shops, restaurants, lodging, and attractions
More about this property
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