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    Jaguar Dr Santa Fe, NM 87507

    For Sale
    $1,200,000

    Prime Retail Outparcel, Hwy 599 & Jaguar

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.2 million dollar retail outparcel presents a unique investment opportunity in Santa Fe, New Mexico. Located at the intersection of Highway 599 and Jaguar Drive, this commercially zoned (C-2) property boasts unparalleled visibility and accessibility. Approved for a gas station, car wash, and convenience store, the site offers significant potential for a variety of retail uses. The property's strategic location offers convenient access to I-25, the Santa Fe Airport (with Jaguar Drive planned as the new main entrance), and the Railrunner Station, providing excellent connectivity throughout the region. The surrounding area is experiencing significant growth, with nearby developments including the Tierra Contenta Residential Subdivision and Swan Park. This 370+-acre tract is part of a larger mixed-use project centered around technology, ensuring long-term value and growth potential. The completed overpass at Highway 599 and Jaguar Drive provides excellent access to the property. The site is also adjacent to the municipal airport and offers easy access to all areas of Santa Fe. Consider this property for sale or a ground lease at $107,000 annually (absolute NNN). Conceptual building footprints are available for review. Other retail uses will be considered.

    Property Features for 0 Jaguar Dr

    General Information

    Property type
    Individual retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.0487279
    Latitude
    35.6236765

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Outparcel, Hwy 599 & Jaguar
    Where is this individual retail property located?
    The property is located at Jaguar Dr Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $1,200,000.
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    Jaguar Dr 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
    Jaguar Dr Santa Fe, NM 87507
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