Listed by Real Estate Advisors LLC, Lincoln Property Company - HQ
$4,750,000
Prime Commercial Land at Cerrillos and Airport
Details
Property Type Land
Sub Type Commercial
Acreage 7.847
Zoning C-2 Commercial
Prime Commercial Land at Cerrillos and Airport | 7.847 acres
Marketing description
Prime infill site ripe for commercial development next to San Isidro Plaza in Santa Fe. Located across the street and next to regional shopping centers Santa Fe Place and San Isidro Plaza. Nearby businesses include Lowe's, Sprouts, Best Buy, Albertsons, Target, Starbucks, Panera Bread, Ulta, Barnes & Noble, World Market, Dillards and more. Mixed Use zoning allows for residential, retail, restaurants, office, personal services, studios, wellness, educational, community facilities, and live/work units with the condition that MU zoned land can be developed for residential use with up to 50% commercial space. Access available via San Ignacio Road. Close to the busy intersection of Cerrillos Rd (52,000 VPD) and Airport Road (25,000 VPD). City water and sewer in place near the lot line. Public utilities available. Located in an Opportunity Zone. If developed for multifamily housing, this property might qualify for the next round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund – applications are open on a revolving basis – more info at https://www.nmfinance.com/opportunity-enterprise-housing-development-revolving-fund
Investment highlights
- Two prime infill sites ripe for commercial development next To san isidro plaza.
- Located across the street from regional shopping center Santa fe place in an opportunity zone.
- Nearby businesses include lowe's, sprouts, best buy, Albertsons, target, starbucks, ulta, barnes & noble, dillards And more.
- C-2 commercial zoning allows for retail, restaurants, Multifamily, hospitality, office, religious, educational, and More.
- Mixed use (mu) zoning allows for residential, retail, Restaurants, office, personal services, studios, wellness, Educational, community facilities, and live/work units with the Condition that mu zoned land can be developed for Residential use with up to 50% commercial space.
- Access available via san ignacio road. Close to the busy Intersection of cerrillos rd (52,000 vpd) and airport road (25,000 vpd).
- City water and sewer in place near the lot line. Public utilities Available.
- If developed for multifamily housing, this property might Qualify for the next round of $30,000,000 of financing from The nmfa opportunity enterprise housing development Fund – applications are open on a revolving basis – more info At https://www.Nmfinance.com/opportunity-enterprisehousing-Development-revolving-fund
- 4635 san ignacio rd lot b
- Zoning: mixed use mu
- Land: 1.03 ac ±
- 4860 san ignacio rd lot a-2- sale pending
- Zoning: c-2 commercial
- Land: 6.81 ac ±
Listing Contacts
Listed by Real Estate Advisors LLC, Lincoln Property Company - HQ
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