Mike Haley - Coldwell Banker Legacy
4789 Airport Road
Santa Fe, NM 87505

$1,000,000

Description

Exceptional development property with the flexibility of either multifamily development with a density of approximately 64 units or a C-2 commercial use of approximately 29,000 square feet of building area and ample parking. This is $15,625 per unit for the residential use. The land is priced at $7.76 per square foot for the land value. Located in the path of growth with easy access to both Cerrillos Road, highway 599 and easy access to I 25. Minutes to the shopping mall, and services, this location is ready for development. Current owner has moved out of State so this is now someone elses opportunity to develop this fine parcel.

Details

MLS#201705071
Sub-TypeLand
StatusActive
Days On Site360

Features

SQ Feet128,938
Story(s)1
Zoning565

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Area Information

StateNM
CountySanta Fe
CitySanta Fe
Zip Code87505
Area13-Airport Road Area
Listing VS Median (in 87505)
Price:
$1,000,000
low | high
Med:
$436,000
100% of Average
SqFt:
128,938
low | high
Med:
1,600
100% of Average
$ / SqFt:
$8
low | high
Med:
$276
100% of Average
On Site:
360
low | high
Med:
108.5
100% of Average
Listing Updated: 10/19/2018
MLS Number: 201705071
Listing Provided By:
John Wells  of  Wells and Company Real Estate