$1,966,015

1438 New Mexico 16 Madrid, NM 87010

Estimated payment $11,205/month

Total Views 340
206.9 Acres
$9,502 Price per Acre
9,012,564 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Views
  • Gentle Sloping Lot
  • 206.9 Acre Lot

About This Lot

207 acres Subdividable Land with Prime Location Between Santa Fe and Albuquerque, NMWith a rare opportunity to own just over 936 contiguous acres of versatile land as total package ideally positioned halfway between Santa Fe and Albuquerque, New Mexico, with easy access right off the interstate. This expansive property consists of four tracts (Tracts 1-4) . Excellent visibility and access from the interstateLocated between two of New Mexico's major marketsSubdividable tracts offer flexibility for investors or developersExpansive open vistas and New Mexico landscapesThis property represents a significant investment opportunity for developers or businesses seeking a large, accessible tract of land in a strategic central location.

Listing Agent

Nikki Bronstorp

Coldwell Banker Legacy License #REC20240538 Listed on: 11/09/2025

Coldwell Banker Legacy

Co-Listing Agent

Steven Gritchen

Coldwell Banker Legacy License #53071

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,879

Lot Details

  • 206.9 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as RR-1

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Electricity Not Available
  • Water Not Available
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 1038083352268000000

Property Details

Property Type

Land

Est. Annual Taxes

$9,879

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: Exit 264, past asphalt company.
  • Horses: Yes
  • Lot Size Acres: 206.9
  • Road Surface Type: Graded
  • Co List Office Mls Id: CBLR14
  • Co List Office Phone: (505) 292-8900
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Agricultural, Unimproved

Exterior Features

  • Lot Features: Cleared, Split Possible, Views, Acreage, Gentle Sloping
  • View: Yes
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: None, Other, See Remarks, Sewer Not Available, Water Not Available
  • Water Source: None
  • Sewer: None

Lot Info

  • Topography: Level,Sloping
  • Number of Lots: 1
  • Current Use: Agricultural, Unimproved
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 9012564.0
  • Parcel #: 1038083352268000000
  • Zoning Description: RR-1

Tax Info

  • Tax Annual Amount: 9879.0
  • Tax Block: N/A
  • Tax Lot: N/A
  • Tax Tract: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2025 11/09/25 For Sale $1,966,015 -32.6% --
11/07/2025 11/07/25 For Sale $2,918,164 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1094237

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Santa Fe County Madrid 87010

1438 New Mexico 16, Madrid, NM

For Sale

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Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Nikki Bronstorp
Listing Agent
Nikki Bronstorp
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Coldwell Banker Legacy
(505) 309-4235