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29030865
29030864

4635 San Ignacio Road, Santa Fe, NM 87507 For Sale

TB
NM 40315
Real Estate Advisors LLC
Lincoln Property Company - HQ
Listed by Real Estate Advisors LLC, Lincoln Property Company - HQ
$625,000
213 days on market
Updated 9 days ago

4635 San Ignacio Road

Details
APN 1050096032186000000
Property Type Land
Sub Type Commercial
Acreage 1.030
Zoning MU

Land | 1.03 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

  • Lot Size: ±1.036 acres
  • Zoning: Mixed Use (MU) — allows for residential, retail, office, hospitality, wellness, studios, educational, and live/work development (up to 50% commercial space).
  • Utilities: City water and sewer near lot line; public utilities available.
  • Prime infill site with easy access to Airport Rd. and Cerrillos Rd.
  • Located in Santa Fe’s Opportunity Zone.

Listing Contacts

TB
NM 40315
Real Estate Advisors LLC
Lincoln Property Company - HQ
Listed by Real Estate Advisors LLC, Lincoln Property Company - HQ

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