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    12 Edgewood 7 Edgewood, NM 87015

    For Sale
    $2,215,000

    High-visibility, 4.5-acre C-1 zoned lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 4.5-acre commercial property presents a rare opportunity in the thriving town of Edgewood, New Mexico. Situated on the most prominent corner lot at the busiest intersection, this C-1 zoned land boasts unparalleled visibility from Edgewood Road 7 and State Highway 344. Three curb cuts provide convenient access, and the property benefits from readily available sewer and commercial fire flow, simplifying development. Its prime location feeds directly into Edgewood's bustling commercial district and residential areas, making it ideal for a variety of uses. Imagine a retail center with an anchor tenant, or any commercial venture that thrives on high traffic and exposure. The ease of construction is further enhanced by the presence of all utilities in the street. This is not just a piece of land

    Property Features for 12 Edgewood 7

    General Information

    Property type
    Other commercial real estate
    Lot Size
    196,020 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Edgewood
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.1918
    Latitude
    35.05946

    Nearby Comparable

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      Commercial Land Near Interstate 40

      Commercial land with high visibility near Interstate 40.
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    Nearby Similar for Sale

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      Medical Office Investment Opportunity

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      Edgewood, NM Restaurant - $1.7M

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility, 4.5-acre C-1 zoned lot.
    Where is this commercial real estate located?
    The property is located at 12 Edgewood 7 Edgewood, NM.
    What is the asking price?
    The asking price for this property is $2,215,000.
    (505) 281-4445
    Request Owner's contact information
    12 Edgewood 7 Edgewood, NM 87015
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    Edgewood, NM 87015
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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
    12 Edgewood 7 Edgewood, NM 87015
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