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    4 Ojito Dr Santa Fe, NM 87501

    For Sale
    $150,000

    Prime Santa Fe County land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 3.568-acre lot presents a unique investment opportunity in Arroyo Seco, nestled between Santa Fe and Espanola. Located at 4 Ojito Drive, Santa Fe, NM 87501 (35.7135437, -105.8407722), this property is zoned for a multitude of uses under the Santa Fe County Sustainable Land Use Development Code and the Arroyo Seco Highway Corridor Plan's Traditional Community designation. The asking price is $150,000. The expansive lot offers significant potential for various development projects. Utilities are readily available, with electricity and natural gas already in place. This convenient location provides easy access to both Santa Fe and Espanola, making it an attractive proposition for both residential and commercial ventures. The property's size and zoning flexibility make it a highly desirable asset for those seeking a versatile development site in a sought-after area of New Mexico. Serious inquiries are encouraged to explore the possibilities this land offers. Don't miss this chance to acquire a substantial parcel in a rapidly developing region. The property is classified as "Other" under the land subtype.

    Property Features for 4 Ojito Dr

    General Information

    Property type
    Land
    Lot Size
    155,422 SF

    HighLights

    • 3.568‑acre lot in Arroyo Seco, NM, between Santa Fe and Espanola.
    • Located at 4 Ojito Drive, Santa Fe, NM 87501.
    • Zoned for multiple uses under Santa Fe County codes.
    • Asking price: $150,000.
    • Utilities (electricity and natural gas) available.
    • Easy access to Santa Fe and Espanola.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.8407722
    Latitude
    35.7135437

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    FAQs

    What type of property is this?
    Land - Prime Santa Fe County land, ideal for development.
    Where is this land located?
    The property is located at 4 Ojito Dr Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 3.568-acre lot in Arroyo Seco, NM, between Santa Fe and Espanola.; Located at 4 Ojito Drive, Santa Fe, NM 87501.; Zoned for multiple uses under Santa Fe County codes.
    Request Owner's contact information
    4 Ojito Dr 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
    4 Ojito Dr Santa Fe, NM 87501
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