0 O Camino Ln Tierra Santa Fe, NM 87506
This exceptional 304-acre property presents a unique investment opportunity in Santa Fe, New Mexico. Located on Camino La Tierra in the highly desirable Northwest area, this land offers breathtaking panoramic mountain views and is just ten minutes from the vibrant downtown area. The property, encompassing APN 990003348, is zoned R 2.5, allowing for the development of a substantial residential community – plans for a 150-lot subdivision have already been extensively developed by third parties. This includes completed topographic and ALTA surveys, detailed subdivision layouts, and projected civil engineering costs. The land is ideally situated adjacent to Las Campanas, a renowned luxury community, providing access to its exclusive amenities such as swimming pools, tennis courts, a fitness center, equestrian facilities, and two Jack Nicklaus Signature Golf Courses (memberships available). Tracts A and B are nestled along Camino La Tierra and the La Tierra Trails, offering convenient access and stunning natural surroundings. This is a rare chance to acquire a large parcel of land with significant development potential in one of Santa Fe's most sought-after locations. The asking price is $6,950,000. All necessary preliminary work has been completed, streamlining the development process.
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
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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.