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Property profile & analytics
OFF-MARKET
Land

0 Paseo Real Santa Fe, NM 87507

70.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 70.7-acre industrial land parcel presents a rare opportunity in Santa Fe, New Mexico. Strategically located near the intersection of Airport Road and Highway 599, this I-1 zoned property offers unparalleled access to major transportation arteries, including easy connection to I-25. The site borders Paseo Real, placing it directly across from the Santa Fe Airport, ensuring convenient air travel access. The property's zoning, I-1 (Industrial/City of Santa Fe), allows for a wide range of industrial uses. Utilities are available along Paseo Real, subject to provider approval. The location benefits from the proximity of existing sand, gravel, and asphalt operations, potentially creating synergistic opportunities. This expansive tract is priced at $4.50 per square foot, or $196,020 per acre. Given its size and prime location, the seller will consider subdividing the property to accommodate specific buyer needs. This presents a unique chance to acquire a substantial industrial land holding in a thriving New Mexico market with excellent connectivity to Albuquerque, Los Alamos, and other Northern New Mexico regions. The property's address is Paseo Real, Santa Fe, NM 87507, within Santa Fe County.

Property profile
Verified
Property type Land
Lot 70.7 ac (3,079,692 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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