Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Angel Fire Treed Land Parcel Title is generated by Realmo AI

    Happy Way lot 19, Angel Fire, NM 87718

    View on Map
    Claim this Listing
    For Sale
    $200,000

    LAND - Angel Fire, NM

    Lot size:
    4.40 Acres
    Added:
    Mar 7, 2025
    Days on Market:
    428
    Last Refresh:
    May 9 at 5:06 am

    Property Features for Happy Way lot 19

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    Lot size
    4.40 Acres

    Taxes and HOA fees

    Tax Description
    Subd: Angle Fire Chalets 2G Amended 3B Lot: 19
    Tax Annual Amount
    253

    Utilities

    Sewer type
    Unknown

    We can help!

    Listing Contact
    Stacie Ewing

    Listing agent Stacie Ewing License #43956

    Listing office American West Ranches, Homes, & Land LLC 124 E Therma Dr., Eagle Nest, NM

    Listing date Mar 7, 2025

    MLS# 112956 Listing URL

    Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 4‑acre parcel in Angel Fire
    • Access to village water
    • Potential for great views of the valley and Angel Fire with tree clearing
    • Nice building sites available
    • Opportunity to build a dream home in the mountains
    • One of the larger parcels available

    Overview

    This 4.4-acre lot is located in Angel Fire, New Mexico. The property is situated near the top of a mountain, offering potential views of the valley and Angel Fire with some tree clearing. The land is treed and provides access to village water. It presents building sites suitable for constructing a home with views from every window. This parcel offers a rare opportunity to acquire one of the larger available properties in Angel Fire.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Angel Fire
    County
    Colfax
    State
    New Mexico
    Longitude
    -105.278
    Latitude
    36.5904

    Nearby Similar for Sale

    • $345,000

      Redwood Commons Versatile Mountain Living

      Two-unit condo in Angel Fire with rental potential.
      20 B8 and B10 Jackson Hole, Angel Fire, NM 87710
      View Details
    • $485,000

      Angel Fire Commercial Land Parcel

      5.3 acre commercial land with development potential in Angel Fire.
      Angel Fire, NM 87710
      View Details
    • $62,000

      Ski Access Land in Angel

      0.80-acre lot near ski run with mountain views.
      Panorama Way N lot: 607, Angel Fire, NM 87710
      View Details
    • $57,500

      Land with Mountain and Valley Views

      2.53 acres with expansive mountain and valley views.
      330 329 328 Rio Arriba Drive, Angel Fire, NM 87710
      View Details
    • $40,000

      Half-Acre Lot in Angel Fire

      Level lot near Angel Fire Country Club with utilities.
      Knollwood Way lot: 3, Angel Fire, NM 87710
      View Details
    • $19,000

      Angel Fire Mountain Home Lot

      1.27-acre lot near Angel Fire Resort.
      Camino Real lot: 1548, Angel Fire, NM 87710
      View Details
    • $100,000

      Angel Fire Equestrian Lot

      9.68-acre equestrian lot with privacy and mountain views.
      45 Sacramento Dr, Angel Fire, NM 87710
      View Details
    • $225,000

      Angel Fire Equestrian Land

      Equestrian property with privacy and year-round access near amenities.
      45 and 46 Sacramento Dr, Angel Fire, NM 87710
      View Details
    • $72,000

      Land Parcel in Angel Fire

      1.70 acre lot near Angel Fire Resort amenities.
      Sierra Blanca Trail lot: 1355A, Angel Fire, NM 87710
      View Details
    • $28,000

      Land Near Chili Express Lift

      0.75-acre lot suitable for investment or mountain home.
      Back Basin Rd lot: 156, Angel Fire, NM 87710
      View Details
    • $24,000

      Angel Fire Double Lot

      1.56 acres in Angel Fire with mountain views.
      Panorama Way lot: 1142A, Angel Fire, NM 87710
      View Details
    • $75,000

      Expansive Land Parcel in Angel

      Nearly 2-acre homesite with greenbelt and meadowland views.
      1004 and 1005 El Camino Real, Angel Fire, NM 87710
      View Details

    FAQs

    What type of property is this?
    Land - Four acre treed land parcel with village water access.
    Where is this land located?
    The property is located at Happy Way lot 19 Angel Fire, NM.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Large 4‑acre parcel in Angel Fire; Access to village water; Potential for great views of the valley and Angel Fire with tree clearing
    (575) 377-3382
    We can help!
    Listing Contact
    Stacie Ewing
    Real Estate License ID: 43956
    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
    Happy Way lot: 19, Angel Fire, NM 87718-0000
    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!