Overview
Prime Infill Sites for Development
Two infill sites are available for commercial development adjacent to San Isidro Plaza. One lot, located at 4680 San Ignacio Rd (Lot A-2), encompasses approximately 6.811 acres. The second lot, located at 4635 San Ignacio Rd (Lot B), is approximately 1.036 acres. Combined, the lots total approximately 7.847 acres. The properties are situated across the street from the Santa Fe Place regional shopping center, near businesses such as Lowe's, Sprouts, Best Buy, Albertsons, Target, Starbucks, Panera Bread, Ulta, Barnes & Noble, World Market, and Dillards. The 4680 San Ignacio Rd lot has C-2 commercial zoning, which permits retail, restaurants, multifamily housing, hospitality, office, religious, and educational uses. The 4635 San Ignacio Rd lot has Mixed Use zoning, allowing for 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. Access is available via San Ignacio Road. The location is near the intersection of Cerrillos Rd and Airport Road. City water and sewer are in place near the lot line, and public utilities are available. The property is located in an Opportunity Zone. If developed for multifamily housing, this property might qualify for financing from the NMFA Opportunity Enterprise Housing Development Fund.
