0 Paseo De River St Santa Fe, NM 87507
This exceptional 31.44-acre industrial land parcel presents a unique investment opportunity in Santa Fe, New Mexico. Located just north and west of the 599-Bypass and Airport Road, this property enjoys convenient proximity to the Santa Fe County Public Works facility. An access road is currently under construction, enhancing accessibility. The site offers secondary access potential via Caja del Rio, with necessary easements already secured. Its strategic location provides excellent access to I-25 and Highway 84 to the north, facilitating efficient transportation. The 599 bypass offers a faster route to Santa Fe's central business district compared to navigating city traffic. The property's advantageous position near the Santa Fe Airport, the upscale Las Campanas residential subdivision, golf courses, and city recreation fields adds significant value. The property is zoned for industrial use, encompassing a total of 1,156,518 square feet, and is offered at $1.9 million, or $1.64 per square foot. This represents a compelling opportunity for developers and businesses seeking a well-situated industrial site in a desirable location.
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
Similar Nearby for Lease
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.