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Light Industrial Development Land
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1153 Parkway Dr, Santa Fe, NM 87507

Flat light-industrial lot in a business park with utilities available at the site.

Property SizeContact for details
Days on Market142

Property Features for 1153 Parkway Dr

General Information

Standard status Active
Property subtype Land
Zoning I-1

Additional Details

Utilities to Site Yes
Listing Agency: Sotheby's Int. RE/Washington
Listed By: Jane Reid · License #NM 48585
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's Int. RE/Washington

Investment Insights

Based on property information with market context.

This offering consists of a flat commercial land site zoned I-1 (Light Industrial). The district supports a variety of uses, including light manufacturing, storage, warehousing, wholesaling and distribution, retail, and commercial recreational uses such as spas and gyms, as well as office, educational facilities, and daycare.

The property is located in the Richards Avenue Business Park, with utilities available at the lot. An adjoining lot at 1151 Parkway Drive is also available for sale, offering the option to consolidate parcels.

For buyers seeking a single site for I-1 light industrial development, this parcel provides a straightforward building platform with infrastructure available at the location.

Key Highlights

  • Flat light‑industrial lot located in the Richards Avenue Business Park
  • Zoned I‑1 (Light Industrial), allowing a variety of uses including storage, warehouse, wholesaling, distribution, retail, offices, and educational facilities
  • Utilities available at the lot

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Flat light-industrial lot in a business park with utilities available at the site.
Where is this industrial land located?
The property is located at 1153 Parkway Dr Santa Fe, NM.
What are key features of this property?
This property features: Flat light‑industrial lot located in the Richards Avenue Business Park; Zoned I‑1 (Light Industrial), allowing a variety of uses including storage, warehouse, wholesaling, distribution, retail, offices, and educational facilities; Utilities available at the lot
(505) 629-9821 Call to check price and availability
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