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    State Road 344 Edgewood, NM 87015

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State Road 344

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 10-acre (435,600 square foot) wooded property presents a unique investment opportunity in Edgewood, New Mexico. Located on State Road 344, this land boasts a highly desirable location directly across from Estancia Classical Academy, ensuring high visibility and convenient access. The property's wooded character offers a tranquil setting while its prime highway frontage provides excellent exposure. All utilities are readily available, simplifying development plans. The expansive lot size allows for considerable flexibility, with the potential for subdivision into smaller parcels, opening up a range of development possibilities. This versatile land is ideal for various uses, from residential development to commercial ventures, making it an attractive proposition for discerning investors seeking a strategic location and significant development potential in a thriving New Mexico community. The property is zoned for [Zoning information not provided]. The address is 0 State Road 344, Edgewood, NM 87015. The asking price is $175,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Edgewood
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.192
    Latitude
    35.062

    Comparable in this City

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      2 Entranosa Ct

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      8 Entranosa Ct

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      8 Entranosa Ct, Edgewood, NM 87015
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      15 Entranosa Ct

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      15 Entranosa Ct, Edgewood, NM 87015
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      2005 Old Us Hwy

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      2005 Old Us Hwy, Edgewood, NM 87015
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    State Road 344
    Edgewood, NM 87015
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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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