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    55 Co Rd Ohkay Owingeh, NM 87537

    • Land
    • 150.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 55 Co Rd

    Lot size
    150.00 lot acres
    Property type
    Land

    Description

    This exceptional 150-acre commercial property in Hernandez, New Mexico, presents a unique investment opportunity. Located on County Road 55 in Rio Arriba County, zip code 87537, this expansive land parcel boasts breathtaking panoramic views of the Rio Chama River and the surrounding mountain ranges, including the Jemez, Santa Fe, and Taos mountains. The property's high elevation provides a truly mesmerizing setting. The land is comprised of fifteen individual 10-acre lots, offering flexibility for various development scenarios. A key advantage is the availability of fiber optic connectivity to each lot, combining remote tranquility with modern conveniences. Its strategic location offers easy access to nearby towns such as Santa Fe, Abiquiu, and Ojo Caliente, enhancing its appeal and potential. The asking price for this remarkable property is $4,200,000. This presents a rare chance to acquire a substantial land holding with exceptional views and convenient access to amenities. The property is situated in Ohkay Owingeh, New Mexico, offering a blend of seclusion and accessibility. Detailed information is available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ohkay Owingeh
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.121
    Latitude
    36.0843

    Comparable in this City

    • Value Estimation by Request
      2,091 SF

      19350 Us Hwy 84285

      COMMERCIAL (GENERAL) • 2,091 SF
      19350 Us Hwy 84285, Hernandez, NM 87537-9998
      View Details
    • Value Estimation by Request
      0.84 Acres

      Hernandez, NM 87537

      COMMERCIAL (GENERAL) • 0.84 Acres
      Hernandez, NM 87537
      View Details
    • Value Estimation by Request
      14,700 SF

      19283 Us Hwy 84285

      APPLIANCE STORE • 14,700 SF
      19283 Us Hwy 84285, Hernandez, NM 87537-9021
      View Details
    • Value Estimation
      $360,000
      2.41 Acres

      Hernandez, NM 87537

      MOBILE HOME PARK, TRAILER PARK • 2.41 Acres
      Hernandez, NM 87537
      View Details
    • Value Estimation by Request
      0.53 Acres

      19854 Us Hwy 84

      APPLIANCE STORE • 0.53 Acres
      19854 Us Hwy 84, Hernandez, NM 87537
      View Details
    • Value Estimation by Request
      2.00 Acres

      19418 Us Hwy 84285

      APPLIANCE STORE • 2.00 Acres
      19418 Us Hwy 84285, Hernandez, NM 87537-5021
      View Details

    Similar Nearby for Sale

    • $152,000
      2.53 Acres

      Land Near US Highway 84/285

      2.53-acre tract near US Highway 84/285 in Hernandez, NM.
      84/285 Unit Tract V-1, Hernandez, NM 87537
      View Details
    • $152,000
      2.53 Acres

      Land Near US Highway 84/285

      2.53-acre tract with multiple building sites near US Highway 84/285.
      84/285 Unit Tract V-2, Hernandez, NM 87537
      View Details
    • $245,000
      926 SF

      Commercial Property on Highway 84/285

      1.22-acre commercial property with excellent visibility and highway access.
      19346 Us 84-285, Espanola, NM 87537
      View Details
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    55 Co Rd
    Ohkay Owingeh, NM 87537
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    Realmo Value Estimation

    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.

    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.

    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
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