You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

3271 Zafarano Dr Santa Fe, NM 87507

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US61-0912552

Property summary

AI-generated overview

This ±1.1-acre pad in Santa Fe, NM, presents a unique ground lease or build-to-suit opportunity within the thriving San Isidro Plaza. Located at 3271 Zafarano Dr, 87507, this property benefits from its position in a high-performing retail center attracting over 2.5 million visitors annually. The plaza is anchored by Lowe's Home Improvement and Sprouts grocery, and is undergoing a significant redevelopment, including new multifamily residential units and the transformation of a former theater into a vibrant entertainment district. This prime location along the Santa Fe retail corridor on the city's high-growth south side is surrounded by established neighborhoods and new residential developments, offering exceptional access to a large consumer base. Within a half-mile radius, there's over 1.8 million square feet of retail space, including restaurants, national retailers, shopping malls, and entertainment venues. This presents a compelling investment opportunity for developers seeking to capitalize on the area's robust growth and strong retail performance. The site is easily accessible via the busy Cerrillos Road. This is an exceptional chance to establish a presence in a dynamic and expanding retail environment. The property is ideal for a variety of commercial uses, making it a highly attractive investment prospect.

Property profile

Verified
Property type Land
UPID US61-0912552

Cap rate & NOI

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

Value estimations

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

Owner & transaction history

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3271 Zafarano Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message