Tract 2 Hernandez Rd Santa Fe, NM 87507
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.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.