Mixed-Use Land for Sale in Madrid, New Mexico
Backroad Improvement Madrid, NM 87010
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.
Location
- Street Address
- Backroad Improvement, # 168
- County
- Santa Fe County
- Elevation
- 6,056 feet
Property details
- MLS Number
- SFAR 202234536
- Date Posted
Expenses
- Home Owner Assessments Fee
- $20 annually
Parcels
- 076004098
Legal description
T14N R 7E S36 IMPR 168
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Amy Biehl Community | Elementary | — | — |
| Milagro | Middle | — | — |
| Capital | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 15, 2024 | New listing | $45,000 | — | SFAR |
| Jan 27, 2024 | Listing removed | $45,000 | — | — |
| Aug 14, 2023 | Price drop | $45,000 | $10,000 -18.2% | SFAR |
| Aug 6, 2023 | Relisted | $55,000 | — | SFAR |
| Aug 3, 2023 | Listing removed | $55,000 | — | SFAR |
| May 24, 2023 | Back on market | $55,000 | — | SFAR |
| May 18, 2023 | Under contract | $55,000 | — | SFAR |
| Jan 25, 2023 | New listing | $55,000 | — | SFAR |