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2881 & 2883-B Nm 14, 
Madrid, NM 87010

$600,000


Bed


Bath


-

Sq Ft


0.37

Acres (Lot)


Land

Active

Listed by

Leland Titus

Santa Fe Realty Unlimited

505-467-8829

Last updated:

September 18, 2025, 08:39 PM

MLS#

202504270

Source:

NM SFAR

About This Land

2881 & 2883-B Nm 14

Rare opportunity to own the only two adjoining undeveloped commercial lots in Madrid’s business district along the historic Turquoise Trail. Located at 2881 & 2883 B State Hwy. 14, these properties offer 140 feet of highway frontage with excellent visibility and high daily traffic. Each lot is approximately 8,000 sq. ft., with utilities (water and power) at the property lines and the potential to build up to 2,400 sq. ft. per lot (to be verified with SF County if of material concern). There’s ample space for required off-street parking. Included with 2881 is a 200 sq. ft. studio built with 12” pumice and concrete walls, vigas, French doors, thick wood jambs, and a 200 sq. ft. concrete patio. Both parcels are currently rented month-to-month to Connie’s Photo Park and Old West Photography, with rental agreements set to terminate at closing. Personal property, including the Gypsy Wagon, stagecoach, camper, costumes, and photo props, are not included in the sale. A standout investment in one of New Mexico’s most popular artistic and tourist destinations. The Live work and commercial designations make these lots highly usable. It's rare to find two lots together in the townsite of Madrid. This opens up the possibilities due to current building and us regulations, single lots are hard to develop. Sold as one.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.37

MLS #:

202504270

Last Updated:

September 18, 2025, 08:39 PM

Added:

a month ago


Finances & Disclosures

Finances

Price:

$600,000

Source:NM SFAR
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Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.