Listed by CBRE - Albuquerque
Unpriced
La Bajada
Details
Property Type Land
Sub Type Commercial
Price Per Acre $3,000
Acreage 6421.000
Land | 6,421 acres
Marketing description
CBRE LAND SERVICES GROUP has been engaged as the exclusive listing representative for the sale of La Bajada. The property consists of approximately ±6,421 acres of vacant land of which includes ±5,200 acres of rich aggregate deposits for possible mining. (See Buildolgy correspondence).
La Bajada is the largest privately owned parcel of land located on Interstate 25 between Albuquerque and Santa Fe in New Mexico. It features over 10,000 feet of Interstate 25 frontage with two major north and south interchanges into the site. Exit 264 (State Highway 16) located at the northwest corner of the property connects to the Cochiti Indian Reservation and Santo Domingo Pueblo. Exit 267 (County Road 57) is at the northeast corner of the La Bajada property and connects Highway 14 to the Madrid/Cerrillos Mountains. La Bajada is approximately 35 minutes from the Albuquerque International Sunport and 15 minutes from Santa Fe Plaza.
This exceptional property has tremendous development potential, both in terms of a residential master plan and as an aggregate resource. La Bajada is uniquely situated between Albuquerque, New Mexico’s largest metro area with a population of over 912,115, and the exclusive Santa Fe market. With an elevation of over 6,100 feet, La Bajada’s terrain is rich and has varied scenic views from within the heart of the property, including views of Santa Fe National Forest, Cerrillos Mountains, Jemez Mountains, Sangre de Cristo Mountains, Sandia Mountains and the Ortiz Mountains.
The general area is recognized for its mining and railroad history. Existing mines within the area include Rosario and older mining towns of Waldo, Cerrillos and Madrid all adding to the ambiance of the area. Even today, the main rail line to northern New Mexico and Colorado runs through the heart of the land with a Rail Runner spur coming directly off the main line within the site. The light rail commuter train carries travelers from Albuquerque through to Santa Fe.
Investment highlights
- ±6,421 Acres - $3,000/Acre
- ±1,000 Acres currently under contract for renewable energy
- I-25 frontage with access via the I-25/Waldo Rd interchange
- Existing main rail line
- Tremendous Aggregate reserve
- Development opportunity
Listing Contacts
Listed by CBRE - Albuquerque
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?






