4680 San Ignacio, Santa Fe, NM 87507

Two adjoining infill land parcels are available for commercial development next to San Isidro Plaza. Lot A-2 at 4860 San Ignacio Rd offers 6.811± acres, and Lot B at 4635 San Ignacio Rd offers 1.036 acres. The combined offering totals 7.847± acres and is marketed as a single package.

The parcels are located across the street from the regional shopping center Santa Fe Place. Access is available via San Ignacio Road. The area is near major retail and service users including Lowe’s, Sprouts, Best Buy, Albertsons, Target, Starbucks, Panera Bread, Ulta, Barnes & Noble, World Market, Dillard’s, and more. The property is close to the intersection of Cerrillos Rd (52,000 VPD) and Airport Road (25,000 VPD). City water and sewer are in place near the lot line, and public utilities are available. 4680 San Ignacio Rd is zoned C-2, while 4635 San Ignacio Rd is zoned Mixed Use.

Zoning supports multiple development directions. C-2 allows retail, restaurants, multifamily, hospitality, office, religious, and educational uses, among others. Mixed Use zoning allows residential, retail, restaurants, office, personal services, studios, wellness, educational, community facilities, and live/work units, with the condition that MU-zoned land can be developed for residential use with up to 50% commercial space. The parcels are located in an Opportunity Zone, and multifamily development may qualify for NMFA Opportunity Enterprise Housing Development Fund financing, subject to program requirements and application; applications are open on a revolving basis.