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    Tract 2 Hernandez Rd Santa Fe, NM 87507

    Sponsored
    For Sale
    $2,156,000

    5.39 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.39-acre commercial land parcel presents a remarkable investment opportunity in Santa Fe, New Mexico. Located at 0 Hernandez Rd., Tract 2, this property is zoned C-2 for General Commercial use, offering significant development potential. The land is level and ready for construction, boasting convenient access via Tierra Contenta Dr., Ocate Rd., and Hernandez Dr. Utilities are readily available nearby. Situated in a thriving commercial and residential area, this site benefits from its proximity to Santa Fe's burgeoning southside retail corridor, experiencing strong growth and high demand. The property is approximately 1.5 miles from the I-25 intersection, ensuring excellent accessibility and visibility. The asking price for this prime commercial land is $2,156,000, representing a compelling value in this desirable location. This is an exceptional chance to acquire a strategically positioned parcel ideal for a variety of commercial developments. The property's location and zoning make it an attractive investment for businesses seeking a high-traffic area with strong growth potential. Don't miss this opportunity to secure a piece of Santa Fe's vibrant commercial landscape. The zip code is 87507.

    Property Features for Tract 2 Hernandez Rd

    General Information

    Property type
    Land
    Lot Size
    234,788 SF

    HighLights

    • Prime location in a rapidly developing commercial and residential area.
    • Excellent access via Tierra Contenta Dr, Ocate Rd, and Hernandez Dr.
    • Ready‑to‑build level lots.
    • Utilities readily available.
    • Proximity to Santa Fe's thriving southside retail corridor.
    • Approximately 1.5 miles to I‑25.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    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
    -106.03335
    Latitude
    35.6202243

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    FAQs

    What type of property is this?
    Land - 5.39 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at Tract 2 Hernandez Rd Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $2,156,000.
    What are key features of this property?
    This property features: Prime location in a rapidly developing commercial and residential area.; Excellent access via Tierra Contenta Dr, Ocate Rd, and Hernandez Dr.; Ready-to-build level lots.
    (505) 473-3434
    Request Owner's contact information
    Tract 2 Hernandez Rd Santa Fe, NM 87507
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    Santa Fe, NM 87507
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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
    Tract 2 Hernandez Rd Santa Fe, NM 87507
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