Tract 3 Hernandez Rd Santa Fe, NM 87507
This exceptional 4.59-acre industrial land parcel, located at 0 Hernandez Rd. Tract 3 in Santa Fe, New Mexico (zip code 87507), presents a prime development opportunity. Zoned I-1 for Light Industrial use, this level lot is ready for immediate construction. Conveniently situated near the thriving southside retail corridor of Santa Fe, the property offers easy access via Tierra Contenta Dr, Ocate Rd., and Hernandez Dr. Utilities are readily available, and the location provides excellent proximity to major transportation arteries, including an approximate 1.5-mile distance to the I-25 intersection. This represents a significant investment opportunity in a growing commercial and residential area of Santa Fe. The asking price is $1,698,000. The property is part of a larger development, with other tracts also available. This specific parcel offers a unique chance to establish a presence in a dynamic and expanding market. Its level topography and convenient access make it ideal for a variety of industrial uses. Don't miss this chance to acquire a strategically located industrial land parcel in a rapidly developing area of Santa Fe.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.