0 Tracts 5-B & 5-C, Placitas, NM 87043
This exceptional 1.683-acre commercial land parcel presents a unique investment opportunity in the charming village of Placitas, New Mexico. Located in Sandoval County, this property is zoned for non-residential use, offering considerable flexibility for development. The land boasts convenient frontage on NM Highway 165, ensuring high visibility and accessibility. A short seven-minute drive to I-25 provides easy access to major transportation routes, connecting businesses to a wider market. Nestled at the base of Sandia Peak, this location offers stunning natural beauty and a rich historical context, situated between nearby pueblos. The picturesque village of Placitas retains its distinctive character, featuring historic adobe homes, the San Antonio de Padua Mission, and the Las Placitas Presbyterian Church, creating a unique and desirable setting for commercial ventures. The property's 1.683 acres provide ample space for a variety of commercial developments, making it an attractive proposition for entrepreneurs and investors seeking a prime location in a thriving community. The asking price for this exceptional property is $220,000. The zip code is 87043.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.