S Highway 84, Chama, NM, 87520
About This Home
Northern New Mexico Commercial property with Highway Frontage off of NM State Highway 84. This 2.93 acres +/- has unlimited potential for setting up an new or moving an existing business. The property does have a 495 sq foot (16.6x30) studio appartment at the back of the property which is currently occupied. Apartment is on Village utilities to include gas,water sewer and electric. Would have to verify if vacant property has utilities available. Property is on the main highway that brings you right through the village and close to the intersection of 84/64 which goes west to Pagosa Springs, Colorado. Plenty of traffic passes in front of this property. Would make a Prime business location. Just South Lowes Chama Valley Grocery Store. Buyers Broker Commission 3%
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Other
Property
Lot
- Lot size: 2.93 Acres
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Wildfire
- Winter Weather
- Drought
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Rio Arriba County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,011 | $12,132 |
| Home Insurance * | $211 | $2,532 |
| Property Taxes | $36 | $432 |
| Electricity | $148 | $1,780 |
| Total | $1,406 | $16,872 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-11 | Listed for sale | $200,000 |
| 2021-03-29 | Listing removed | -- |
| 2020-03-30 | Listed for sale | $245,000 |
For Sale by Agent
View on Zillow