1625 Paseo de Peralta Santa Fe, NM 87501
2.9-acre parcel near Railyard with redevelopment potential.
Type:Commercial
Property size:
30,760 SFLot size:
2.90 Acres- Added:
- Dec 8, 2025
- Days on Market:
- 133
- Last Refresh:
- Apr 5 at 8:16 pm
Property Features for 1625 Paseo de Peralta
General Information
- Standard status
- Active
- Size
- 30,760 SF
- Lot size
- 2.90 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1931
Listing agent TAI BIXBY License #40315
Listing office REAL ESTATE ADVISORS, LLC (505) 539-3200
Listing date Dec 8, 2025
Source Corcoran
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 REAL ESTATE ADVISORS, LLC
Overview
Santa Fe Redevelopment Opportunity
The Alvord School presents a significant redevelopment opportunity in Santa Fe's urban core. This approximately 2.9-acre infill parcel is located adjacent to the Santa Fe Railyard, a mixed-use cultural district. The existing building, totaling approximately 30,760 square feet, was originally constructed in 1931 and expanded through the 1970s. The Business Capital District (BCD) zoning designation offers flexibility for various uses, including hotel/hospitality, office/medical/dental, educational facilities, nonprofit or institutional headquarters, residential (multifamily, condominiums, live/work), retail, café, restaurant, service commercial, cultural uses (museums, galleries, performing arts), and religious and assembly use. Development is governed by height zones and Master Plan parameters. The Santa Fe Railyard is a nationally recognized arts, culture, and mixed-use district that includes the Santa Fe Farmers’ Market, Violet Crown Cinema, SITE Santa Fe, El Museo Cultural, Railyard Plaza + Public Green, REI, Rail Trail + Santa Fe Depot. The property offers transit-oriented development potential with walkability to transit, proximity to amenities, reduced parking requirements, and integration with a mixed-use environment. Extensive entitlements, including the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructure, reduce planning risk and development timelines. This property is a rare opportunity for hospitality, residential, mixed-use, institutional, medical, or educational redevelopment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.95
- Latitude
- 35.6819
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 2.9-acre parcel near Railyard with redevelopment potential.
Where is this mixed-use property located?
The property is located at 1625 Paseo de Peralta Santa Fe, NM.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Prime 2.9‑acre infill parcel adjacent to the Santa Fe Railyard.; Highly permissive Business Capital District (BCD) zoning allows for diverse redevelopment options.; Extensive entitlements reduce planning risk and development timelines.
