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Entitled Commercial Land
For Sale
$4,500,000

2768 Agua Fria, Santa Fe, NM 87507

CommercialSale, Santa Fe, NM

Property Size123,480 SF
Lot Size4.11 Acres
Price / SF$36.44
Days on Market211

Property Features for 2768 Agua Fria

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning C-2
Standard status Active
APN 990001041
Size 123,480 SF
Lot size 4.11 Acres

Taxes and HOA fees

Tax Description T17N R9E S33, LOT 38, 4.22 AC~
Legal Description T17N R9E S33, LOT 38, 4.22 AC~

Utilities

Water source Public

Building Details

Year built 2026
Listing Agency: SF Brown Real Estate
Listed By: Alicia Bertram · License #48316
Added: Feb 27 Changed: Aug 19 Last Checked: Sep 26 at 6:06PM
MLS# 202600711

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.11-acre vacant parcel in Santa Fe is zoned C-2 and positioned within an Opportunity Zone. The approved development program totals 123,480 square feet and includes 130 apartment units plus 1,554 square feet of ground-level retail. Plans also provide for a playground, shared pool, clubhouse, dog run, and 185 parking spaces.

The property is located at 2768 Agua Fria near Escondido restaurant, Meow Wolf, and the Siler Road arts district. The surrounding area includes local galleries, restaurants, and breweries. Public water is available, and the site benefits from an approved entitlement package for the planned residential and retail components.

Key Highlights

  • 4.11‑acre vacant parcel in an Opportunity Zone
  • C‑2 zoning with approved development program
  • 123,480 square feet approved for development

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Barber Shop Daycare Center

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

130
Residential units

Location Intelligence

Trade Area within ½ mile

752
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - C-2 zoning and public water accompany an approved residential and retail development program.
Where is this commercial land located?
The property is located at 2768 Agua Fria Santa Fe, NM.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 4.11‑acre vacant parcel in an Opportunity Zone; C‑2 zoning with approved development program; 123,480 square feet approved for development
More about this property
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