Technical
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Property profile

3924 Rodeo Rd Santa Fe, NM 87507

OFF-MARKET
Land
Property ID
US61-0112640
2.95 ac lot
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Property summary

AI-generated overview

This exceptional 2.954-acre commercial land parcel presents a unique investment opportunity in Santa Fe, New Mexico. Located at 3924 Rodeo Rd, 87507, this property boasts a highly desirable C-1 zoning designation, opening doors to a wide range of commercial uses. The site enjoys exceptional visibility, situated along the Rodeo Road Corridor, a major thoroughfare with over 23,000 vehicles passing daily. This high-traffic location places the property amongst Santa Fe's leading retailers, medical offices, and restaurants, ensuring significant exposure for any development. Permitted uses under the C-1 zoning include general and medical offices, nursing homes, childcare facilities, animal boarding, and multifamily residential. The current owner, an experienced developer, is open to build-to-suit options, offering flexibility and potential for customized development to meet specific business needs. This prime location and zoning flexibility make this a rare and valuable opportunity for investors and developers seeking a strategic foothold in the thriving Santa Fe market. The asking price for this exceptional property is $1,100,000.

Property profile

Verified
Property type Land
Lot 2.95 ac (128,676 SF)
UPID US61-0112640

Cap rate & NOI

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

Location

3924 Rodeo Rd Santa Fe, NM 87507
Santa Fe metro
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Value estimations

Realmo proprietary · 4 methods
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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
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