Mixed-Use Land for Sale in Madrid, New Mexico

Backroad Improvement Madrid, NM 87010

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$45,000
0.19 acres
Active sale$10k dropEst $454/mo

Building lot in Madrid, almost immediately off the pavement of Highway 14, in the heart of town. Easy-to-access rectangular lot with gentle slope, with mountain/townsite views from the top of the lot. Excellent home business location/residential use. Nice place to live or live/work in this thriving, historic old mining village, now replete with galleries, restaurants, shops, its own radio station, the landmark Mineshaft Tavern, music events, ballpark, hiking trails, and more, all in walking distance. It's situated just outside the Madrid Historical Overlay which gives more leeway in building styles. Not far (30 minutes) to Southside of Santa Fe, under an hour to Albuquerque/airport. Electric in road.

Directions

From Santa Fe, take Highway 14 S. to town of Madrid. Pass the Mineshaft Tavern on left. Turn R. just after the Mineshaft onto Backroad, you'll see the Red Door Studio ahead, lot is on L. just after that. See sign halfway up hill on lot.

Property details

MLS Number
SFAR 202234536
Date Listed

Legal description

Parcels

  • 076004098

Expenses

Home Owner Assessments Fee
$20 annually

This 0.19-acre property is located at Backroad Improvement # 168 in Madrid, NM 87010. The property is currently available for sale for $45,000 with a price per acre of $236,842. Listing data is sourced from Santa Fe Association of Realtors # 202234536.

Verify sale details at the property source or contact Barker Realty at (505) 982-9836.

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Copyright (C) 2024 Santa Fe Association of REALTORS (R), Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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