Entitled Multifamily Land
For Sale
$4,500,000
2768 Agua Fria, Santa Fe, NM 87507
CommercialSale, Santa Fe, NM
Property Size123,480 SF
Lot Size4.11 Acres
Price / SF$36.44
Days on Market178
Property Features for 2768 Agua Fria
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning
C-2
Standard status
Active
APN
990001041
Size
123,480 SF
Lot size
4.11 Acres
Taxes and HOA fees
Tax Description
T17N R9E S33, LOT 38, 4.22 AC~
Legal Description
T17N R9E S33, LOT 38, 4.22 AC~
Utilities
Water source
Public
Building Details
Year built
2026
Listing Agency:
SF Brown Real Estate
(505) 473-7740
Listed By:
Alicia Bertram · License #48316
(505) 930-0520
Added: Feb 27
Changed: Aug 19
Last Checked: Aug 24 at 7:06AM
MLS# 202600711
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A vacant, fully entitled commercial land parcel zoned C-2 in Santa Fe. The owner reports the site has been successfully rezoned from MU to C-2 and is approved for a total of 123,480 square feet, including a planned residential component of 130 apartment units and an additional 1,554 square feet of ground-level retail space. The approved plans call for resident amenities including a playground, common pool, and clubhouse, along with onsite parking and a dog run area.
The property is described as located near midtown, positioned between Escondido restaurant and Meow Wolf, as well as near the Siler Road arts district with local galleries, restaurants, and breweries.
The seller indicates the owner may be willing to consider a joint venture with the right partnership.
The property is described as located near midtown, positioned between Escondido restaurant and Meow Wolf, as well as near the Siler Road arts district with local galleries, restaurants, and breweries.
The seller indicates the owner may be willing to consider a joint venture with the right partnership.
Key Highlights
- Fully entitled 4.12‑acre parcel in an Opportunity Zone for a planned 123,480 SF development
- Zoning changed from MU to C‑2; rezoned parcel approved for a total 123,480 SF buildout
- Plan includes 130 apartment units plus 1,554 SF of ground‑level retail space
Property Analytics
Property Profile
Current Use
Lease Details
130
Residential units
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Explore this area
Business Placement
Demographics for 87507, NM
51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant, fully entitled parcel zoned C-2 with an approved plan for apartments, ground-floor retail, and onsite parking.
Where is this commercial land located?
The property is located at 2768 Agua Fria Santa Fe, NM.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Fully entitled 4.12‑acre parcel in an Opportunity Zone for a planned 123,480 SF development; Zoning changed from MU to C‑2; rezoned parcel approved for a total 123,480 SF buildout; Plan includes 130 apartment units plus 1,554 SF of ground‑level retail space
