0 Paseo Real Santa Fe, NM 87507
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.
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.