Highway-Frontage Commercial
For Sale
$125,000
848 Nm 516, Flora Vista, NM 87415
Commercial Sale, Flora Vista, NM
Property SizeContact for details
Lot Size0.80 Acres
Days on Market81
Property Features for 848 Nm 516
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
N side of NM-516 in Flora Vista proper, East of Dollar General.
Subdivision
New Mexico Mls
Standard status
Active
APN
2069177121024
Lot size
0.80 Acres
Taxes and HOA fees
Tax Description
SANTORO SUBDIVISION REPLAT A LOT 2-B2 BK.1429 PG.832 BK.1429 PG.933
Tax Annual Amount
1419
Legal Description
SANTORO SUBDIVISION REPLAT A LOT 2-B2 BK.1429 PG.832 BK.1429 PG.933
Listing Agency:
Exp Realty, LLC
(505) 554-3873
Listed By:
Allen Elmore · License #53691
(505) 686-3831
Added: Jun 15
Changed: Sep 2
Last Checked: Sep 3 at 6:06AM
MLS# 20263509
Copyright © 2026 New Mexico 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 0.8-acre commercial land parcel is cleared and level, with utilities already in place. The property fronts US Highway 516 and is positioned immediately next to an established Dollar General, providing a defined commercial setting along the route between Farmington and Aztec.
No zoning restrictions are identified for the site, allowing flexibility in planning future commercial improvements. The parcel is located in Flora Vista, approximately 45 minutes from Durango, CO, and near major residential areas and regional hubs. Its highway frontage, existing utility access, and adjacent retail presence create a practical base for evaluating a range of commercial development concepts.
No zoning restrictions are identified for the site, allowing flexibility in planning future commercial improvements. The parcel is located in Flora Vista, approximately 45 minutes from Durango, CO, and near major residential areas and regional hubs. Its highway frontage, existing utility access, and adjacent retail presence create a practical base for evaluating a range of commercial development concepts.
Key Highlights
- 0.8‑acre commercial land parcel
- Direct frontage on US Highway 516
- Immediately next to an established Dollar General
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
Demographics for 87415, NM
1,708
Population
1,089
Households
1.6
Avg Household Size
43
Median Age
11%
College-Educated
81%
High-School Grad
17.0 sq mi
ZIP Area
100
Density / Sq Mi
$44,057
Median Household Income
$42,662
Median Earnings
$1,555
Median Rent
$197,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Cleared, level parcel with utilities and no zoning restrictions for flexible commercial planning.
Where is this commercial land located?
The property is located at 848 Nm 516 Flora Vista, NM.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 0.8‑acre commercial land parcel; Direct frontage on US Highway 516; Immediately next to an established Dollar General
