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    3924 Rodeo Rd Santa Fe, NM 87507

    For Sale
    $1,100,000

    High-visibility land for sale near retailers and medical offices.

    Lot size:
    2.95 Acres

    Property Features for 3924 Rodeo Rd

    General Information

    Lot size
    2.95 Acres

    Source: Colliers | Albuquerque Agent Elisa Cárdenas CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rodeo Road Commercial Land Available

    This commercial land is located off the Rodeo Road Corridor, situated among major retailers, medical offices, and restaurants in Santa Fe. The property benefits from high visibility, with traffic counts exceeding 23,000 vehicles per day. The C1 zoning allows for a variety of uses, including general or medical offices, nursing homes, child care facilities, animal boarding, and multifamily housing. The owner is an experienced developer and is willing to build to suit.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

    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
    -106.0043572
    Latitude
    35.6381894

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    FAQs

    What type of property is this?
    Land - High-visibility land for sale near retailers and medical offices.
    Where is this land located?
    The property is located at 3924 Rodeo Rd Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - High visibility with traffic counts of over 23,000 vehicles per day; - C1 zoning allows for an array of uses: General/medical office, nursing home, child care, animal boarding, multifamily; - Located off Rodeo Road Corridor, nestled amongst Santa Fe's largest retailers, medical office, and restaurants
    (505) 569-0123
    Request Owner's contact information
    3924 Rodeo Rd 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
    3924 Rodeo Rd Santa Fe, NM 87507
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