Redevelopment Opportunity in Santa
For Sale
$995,000
400 Brunn School, Santa Fe, NM 87505
2.16-acre property with redevelopment and income potential.
Property Size3,060 SF
Lot Size2.16 Acres
Price / SF$325.16
Days on Market107
Property Features for 400 Brunn School
General Information
Standard status
Active
Size
3,060 SF
Lot size
2.16 Acres
Property subtype
Commercial
Amenities
Metal Roof
Building Details
Year Built
1980
Listing Agency:
KELLER WILLIAMS REALTY
(505) 983-5151
Listed By:
TARA P. WOODRUFF · License #51489
(505) 382-1110
Source:
Corcoran
Added: May 21
Changed: Sep 3
Last Checked: Sep 4 at 9:06AM
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 KELLER WILLIAMS REALTY
Investment Insights
Based on property information with market context.
Located at 400 Brunn School Rd, this 2.16-acre property presents a redevelopment and income-producing opportunity. The site has operated as a school for over 40 years. The main building provides approximately 3,060 sq ft of space, complemented by a detached 1,500 sq ft casita and studio. The property's zoning now permits up to 8 residential units, including 2 designated as affordable housing. This allows for multi-unit development in the Santa Fe market. Potential uses include workforce housing, long-term rental units, short-term rental concepts (subject to city approval), co-housing, creative campus-style living, or a mixed-use residential compound. The existing improvements may reduce initial development costs while allowing for strategic repositioning to maximize returns. The acreage supports site planning, parking solutions, outdoor amenities, and expansion concepts. It is suited for developers, 1031 exchange buyers, or investors seeking diversification through multi-stream residential income.
Key Highlights
- Redevelopment opportunity: Zoning allows up to 8 residential units, including 2 affordable housing units.
- Existing structures offer immediate income potential**: 3,060 sq ft main building plus 1,500 sq ft casita/studio reduce initial development costs.
- Spacious 2.16‑acre lot** provides ample space for site planning, parking, outdoor amenities, and expansion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 87505, NM
32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - 2.16-acre property with redevelopment and income potential.
Where is this school located?
The property is located at 400 Brunn School Santa Fe, NM.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Redevelopment opportunity: Zoning allows up to 8 residential units, including 2 affordable housing units.; Existing structures offer immediate income potential**: 3,060 sq ft main building plus 1,500 sq ft casita/studio reduce initial development costs.; Spacious 2.16‑acre lot** provides ample space for site planning, parking, outdoor amenities, and expansion.
