Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pena Blanca Land for Sale Title is generated by Realmo AI

    7 Sparkling Moolah, Pena Blanca, NM 87041

    View on Map
    Claim this Listing
    For Sale
    $82,000

    Land for sale in Pena Blanca, New Mexico.

    Type:Land or Vacant Lot
    Lot size:
    1.84 Acres
    Added:
    Jan 16, 2026
    Days on Market:
    138
    Last Refresh:
    Apr 5 at 11:00 pm

    Property Features for 7 Sparkling Moolah

    General Information

    Standard status
    Active
    Lot size
    1.84 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    REBEKAH CLARK

    Listing agent REBEKAH CLARK License #52242

    Listing office BARKER REALTY, LLC

    Listing date Jan 16, 2026

    Source Corcoran

    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 BARKER REALTY, LLC

    HighLights

    • Access to the Bosque and Rio Grande River (for west lots).
    • Owner financing is a possibility.
    • Located in a scenic area between Santa Fe and Albuquerque with mountain views.
    • Electric available at lot lines (for east lots).
    • Range of lot sizes available (0.34 - 14.55 acres).
    • Located in a well‑preserved area with abundant wildlife.

    Overview

    Located in the Rio Grande valley between Santa Fe and Albuquerque, New Mexico, Pena Blanca is a small village characterized by farmland with native grasses, cottonwoods, elms, and views of the surrounding mountain ranges. The area is situated between Santo Domingo Pueblo to the south and Cochiti Pueblo and Cochiti Lake to the north. The area is well-preserved and supports abundant wildlife. There are 7 lots remaining, ranging in size from 0.34 to 14.55 acres. The riverside extension borders the west lots, providing access to the Bosque and Rio Grande. The west lots are mostly wetland, while the east lots are developable. Well and septic systems are required. Electric service will be available for the east lots at their lot lines. Owner financing is a possibility.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Pena Blanca
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.386
    Latitude
    35.6645

    Nearby Similar for Sale

    • $207,000

      Land in Pena Blanca, NM

      Land for sale in the Rio Grande valley.
      2 Sparkling Moolah Road, Pena Blanca, NM 87041
      View Details
    • $82,000

      Land in Pena Blanca, NM

      Land for sale in a tranquil village near Rio Grande.
      7 Sparkling Moolah Road, Pena Blanca, NM 87041
      View Details
    • $599,000

      Pena Blanca Fertile Land

      7.62 acres of fertile land near the Rio Grande.
      12 Sparkling Moolah, Pena Blanca, NM 87041
      View Details
    • $272,200

      Pena Blanca Land For Sale

      Land for sale in Pena Blanca, between Santa Fe and Albuquerque.
      8 Sparkling Moolah Road, Pena Blanca, NM 87041
      View Details
    • $292,000

      Pena Blanca Land For Sale

      Land for sale in Pena Blanca, between Santa Fe and Albuquerque.
      9 Sparkling Moolah Road, Pena Blanca, NM 87041
      View Details
    • $30,000

      Land in Pena Blanca, NM

      Land available in a tranquil village near the Rio Grande.
      10 Sparkling Moolah Road, Pena Blanca, NM 87041
      View Details
    • $325,000

      Pena Blanca Land Opportunity

      8.42-acre lot ideal for building a dream home.
      59 Arroyo Leyba Road, Pena Blanca, NM 87041
      View Details
    • $375,000

      Spacious Vacant Lot in Pena

      16.44-acre vacant lot in a desirable market area.
      Tract 12B, Pena Blanca, NM 87041
      View Details
    • $375,000

      Spacious Vacant Land Opportunity

      16.44-acre vacant lot in a desirable market area.
      Tract 11, Pena Blanca, NM 87041
      View Details
    • $599,000

      7.62 Acres Fertile Land

      Fertile land with water rights near Rio Grande.
      12 Sparkling Moolah, Pena Blanca, NM 87041
      View Details
    • $30,000

      Pena Blanca Land for Sale

      Land for sale in Pena Blanca, New Mexico.
      10 Sparkling Moolah, Pena Blanca, NM 87041
      View Details
    • $207,000

      Land Near Rio Grande Valley

      Land available in Pena Blanca, between Santa Fe and Albuquerque.
      2 Sparkling Moolah, Pena Blanca, NM 87041
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Land for sale in Pena Blanca, New Mexico.
    Where is this agricultural land / farmland located?
    The property is located at 7 Sparkling Moolah Pena Blanca, NM.
    What is the asking price?
    The asking price for this property is $82,000.
    What are key features of this property?
    This property features: Access to the Bosque and Rio Grande River (for west lots).; Owner financing is a possibility.; Located in a scenic area between Santa Fe and Albuquerque with mountain views.
    (505) 982-9836
    We can help!
    Listing Contact
    REBEKAH CLARK
    Real Estate License ID: 52242
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7 Sparkling Moolah, Pena Blanca, NM 87041
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!