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    6411 Airport Rd Santa Fe, NM 87501

    For Sale
    Contact for pricing

    High-traffic location, owner financing available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional .63 to .69-acre commercial land parcel presents a unique development opportunity in Santa Fe, New Mexico. Situated at 6411 Airport Road, this property boasts unparalleled visibility and accessibility, enjoying exposure to over 22,000 vehicles per day. Its strategic location within the Esplanade Village shopping center provides over 1,400 linear feet of frontage on Airport Road, ensuring maximum brand visibility. The land is priced at $10 to $16 per square foot, reflecting its prime location and development potential. This is a rapidly growing residential area, with recently approved developments including 42 single-family homes directly across the street and a 233-unit multi-family complex just a six-minute walk away. This presents a compelling opportunity to capitalize on the burgeoning residential population and increasing demand for commercial services. The seller is offering owner financing, making this an even more attractive investment proposition. Don't miss this chance to secure a prime piece of Santa Fe real estate with significant upside potential. The property is located in Santa Fe County, New Mexico, zip code 87501.

    Property Features for 6411 Airport Rd

    General Information

    Property type
    Land
    Lot Size
    27,443 SF

    HighLights

    • Owner financing available.
    • High visibility location on Airport Rd. with over 22,000 vehicles per day (VPD).
    • Part of Esplanade Village shopping center, offering over 1,400 linear feet of frontage on Airport Rd.
    • Surrounded by significant residential growth, including 42 approved single‑family homes across the street and a 233‑unit multi‑family complex nearby.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.041589
    Latitude
    35.636579

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    FAQs

    What type of property is this?
    Land - High-traffic location, owner financing available.
    Where is this land located?
    The property is located at 6411 Airport Rd Santa Fe, NM.
    What are key features of this property?
    This property features: Owner financing available.; High visibility location on Airport Rd. with over 22,000 vehicles per day (VPD).; Part of Esplanade Village shopping center, offering over 1,400 linear feet of frontage on Airport Rd.
    Request Owner's contact information
    6411 Airport Rd Santa Fe, NM 87501
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    Santa Fe, NM 87501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6411 Airport Rd Santa Fe, NM 87501
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