Property profile

3 J R Dr Santa Fe, NM 87506

OFF-MARKET
Other commercial real estate
Property ID
US61-0632848
0.75 ac lot
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a 0.75-acre parcel intended for residential development, business use, or agricultural use. It is located within a roughly 20-minute drive of the Santa Fe Plaza and Los Alamos National Laboratories. The parcel includes irrigation water rights, and an irrigation channel (mains) is located on the neighboring property at 5 J R Drive.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.75 ac (32,670 SF)
APN 990002844
UPID US61-0632848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 J R Dr Santa Fe, NM 87506-0940
Santa Fe metro Census 940600 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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