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7 Private Drive

EMBUDO, NM 87527
  • $960,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 20256390
UPDATED: 67 min ago
$960,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 35,000
    SQFT
  • $27
    $/SQFT
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

This property represents a rare and significant investment opportunity, offering a large and versatile site with multiple structures and substantial redevelopment potential. Spanning 65.50 acres, the parcel includes five detached houses, a former hospital, and an old dental office, providing over 35,000 square feet of building space. These structures have been unoccupied for an extended period and require extensive repair or renovation, presenting investors with the ability to transform the property according to their vision. The layout and variety of the buildings make the site suitable for a wide range of uses, including residential, commercial, or mixed-use development. The five standalone houses are distributed across the grounds, offering potential rental or live-in spaces once rehabilitated. The larger hospital building and dental office occupy a central location and feature sizable floor plans, allowing for adaptation to offices, clinics, community space, or other functional uses. The grounds include two functioning wells and a septic system, essential infrastructure that supports both current and future development possibilities. There is also additional land that could be leveraged for construction, landscaping, parking, or other improvements depending on regulatory approvals. Due to the condition of the buildings, a hold harmless agreement is required before scheduling a viewing. The property is being offered as-is, reflecting its current state and the need for significant investment to bring it back into use. While the structures are aged and in need of attention, their size and diversity provide exceptional flexibility for creative redevelopment. Investors have the option to renovate existing buildings, adapt them for modern use, or selectively remove structures to create new construction opportunities. The site's combination of multiple residences, large commercial-scale buildings, and open land is extremely rare in the market. Its versatility, scale, and potential make it ideal for those looking to pursue a transformative project with numerous possibilities. Whether envisioned as a restored campus, a multi-unit residential development, or a mixed-use facility, this property offers a blank canvas with significant upside for the right buyer.

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© 2025 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-12-13T17:14:55.627.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/169727895
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7 Private Drive EMBUDO, NM 87527

  • Price: $960,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 67 min ago
  • MLS #: 20256390
0
Beds
0
Baths
0
½ Baths
N/A
Acres
35,000
SQFT
$27
$/SQFT
Neighborhood:
Embudo
County:
Rio Arriba
Area:
Embudo
Property Description
This property represents a rare and significant investment opportunity, offering a large and versatile site with multiple structures and substantial redevelopment potential. Spanning 65.50 acres, the parcel includes five detached houses, a former hospital, and an old dental office, providing over 35,000 square feet of building space. These structures have been unoccupied for an extended period and require extensive repair or renovation, presenting investors with the ability to transform the property according to their vision. The layout and variety of the buildings make the site suitable for a wide range of uses, including residential, commercial, or mixed-use development. The five standalone houses are distributed across the grounds, offering potential rental or live-in spaces once rehabilitated. The larger hospital building and dental office occupy a central location and feature sizable floor plans, allowing for adaptation to offices, clinics, community space, or other functional uses. The grounds include two functioning wells and a septic system, essential infrastructure that supports both current and future development possibilities. There is also additional land that could be leveraged for construction, landscaping, parking, or other improvements depending on regulatory approvals. Due to the condition of the buildings, a hold harmless agreement is required before scheduling a viewing. The property is being offered as-is, reflecting its current state and the need for significant investment to bring it back into use. While the structures are aged and in need of attention, their size and diversity provide exceptional flexibility for creative redevelopment. Investors have the option to renovate existing buildings, adapt them for modern use, or selectively remove structures to create new construction opportunities. The site's combination of multiple residences, large commercial-scale buildings, and open land is extremely rare in the market. Its versatility, scale, and potential make it ideal for those looking to pursue a transformative project with numerous possibilities. Whether envisioned as a restored campus, a multi-unit residential development, or a mixed-use facility, this property offers a blank canvas with significant upside for the right buyer.
Exterior Features

Open Parking YN Yes Parking Features Unpaved

Interior Features

Heating YN No

Property Features

Building Area Total 35000 Business Imp Dist YN No Property Sub Type Mixed Use Sale Rent For Sale Tax Annual Amount 0

Listing courtesy of Santa Fe Realty Unlimited: 505-467-8829.
© 2025 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-12-13T17:14:55.627.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Rivas Real Estate
3420 N. Grimes Ste 100
Hobbs NM, 88240