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    3974 Fields Ln Santa Fe, NM 87507

    Pending
    For Sale
    $1,250,000

    LAND - Santa Fe, NM

    Lot size:
    6.13 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 3974 Fields Ln

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    Non-Conforming
    APN
    099303708
    Exterior features
    OutBuildings
    Lot size
    6.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Well

    Building Details

    Additional Structures
    Outbuilding

    Ponce Realty of New Mexico (505) 690-5478

    Listing agent Ivonne Ponce (505) 690-5478 License #REC20230889

    Listing date Nov 24, 2025

    MLS# 202504084 Listing URL

    Copyright © 2025 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.

    Overview

    Santa Fe Mixed-Use Development Land

    This 6.13-acre parcel, located in the Airport Road District of Santa Fe, NM, offers opportunities for mixed-use development. The property is surrounded by residential subdivisions, commercial centers, and industrial businesses. The mixed-use zoning allows for the construction of a residential subdivision, commercial park, or a combination of both, creating a live/work opportunity. A city walking trail runs along the end of the parcel. The location features a strong retail presence, with businesses such as credit unions, restaurants, Auto Zone, and Family Dollar nearby. The zoning allows for a wide range of business opportunities, including grocery stores and farmer's markets, medical practitioners and clinics, schools and day-care centers, recreational facilities such as martial arts studios, gyms, and sports centers, restaurants, bakeries, and coffee shops, local arts and crafts studios, galleries, and shops, gift shops, bookshops, and floral shops, laundromats and RV park/storage. The parcel has preliminary approval by the Planning Commission/City Of Santa Fe for eighty-six (86) dwelling units, a mix of two- and three-story apartment buildings and two-story townhomes. Four long-term tenants are already in place, providing a steady income stream while planning for future development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.0385903
    Latitude
    35.63398784

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    FAQs

    What type of property is this?
    Commercial land - 6-acre parcel with mixed-use zoning and preliminary approval for 86 units.
    Where is this commercial land located?
    The property is located at 3974 Fields Ln Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Preliminary approval for **86 dwelling units** (apartments and townhomes) from the Planning Commission/City of Santa Fe.; - Mixed-use zoning allows for diverse development options: residential, commercial, or live/work combinations.; - Existing income stream from four long-term tenants.
    (505) 690-5478
    Request Owner's contact information
    3974 Fields Ln Santa Fe, NM 87507
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    Santa Fe, NM 87507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3974 Fields Ln Santa Fe, NM 87507
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