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    Property profile & analytics
    OFF-MARKET
    Lifestyle centers

    6415 Airport Rd, La Cienega, NM 87507

    8,250 SF
    Entity Owned 4-yr Hold
    Property ID
    US61-0301698
    Property summary
    AI-generated overview

    Esplanade Village, a thriving 8,250 square foot shopping center in Santa Fe, New Mexico, presents a compelling investment opportunity. Located at 6415 Airport Rd, 87507, this property boasts four retail units currently operating at 100% occupancy, generating a strong return on investment. The asking price is $3,275,000, translating to $396.97 per square foot. This established retail center benefits from its prime location and consistent tenant occupancy. The property's success is further enhanced by the availability of an adjacent 0.529-acre parcel for $695,000. This parcel has already received approvals for a 6,300 square foot development, offering significant potential for expansion and increased revenue streams. This presents a unique opportunity to acquire a fully leased, income-producing asset with substantial growth potential in a desirable New Mexico market. The property's strong performance and the potential for expansion make it an attractive investment for those seeking a stable and growing retail portfolio. Detailed financial information and lease agreements are available upon request.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 8,250 SF
    UPID US61-0301698
    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
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Aswann LLC · 4 yrs held
    Aswann LLC
    since 2022
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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