← Back to search

6680 Cerrillos Road, Santa Fe, NM 87507

$1,250,000
Property Type: Commercial Sale Lot Size (sq. ft.): 163,611 Status: Active
Current Price: $1,250,000 List Date: 2/09/2024 Last Modified: 4/05/2024

Description

This prime 3.76-acre vacant commercial parcel at 6680 Cerrillos Road offers a unique investment opportunity in the heart of Santa Fe's bustling automotive retail hub, home to a cluster of 12 dealerships. This property is positioned just north of the Walmart Superstore and Presbyterian Hospital and stands out for its strategic location. While some of the land falls within a floodplain, the parcel has approximately 1.5 acres of buildable terrain. This opens up the potential for constructing a two-story structure exceeding 20,000 square feet, with innovative terrain management strategies enabling the second level to align with Cerrillos Road's elevation.

Supplements: Detailed sketches, including potential site layouts, elevation, and a comprehensive site study, are available upon request, showcasing solutions to maximize the site's utility despite its floodplain impact. Located merely two lots north of the CarMax Dealership and directly opposite the Dodge, Jeep, and Subaru dealerships, the property is at the epicenter of automotive retail. The surrounding area is witnessing a commercial, apartment, and residential development surge, further enhancing the site's appeal. The property benefits from high traffic volumes on Cerrillos Road, thanks to its proximity to significant intersections like Jaguar Drive, Governor Miles to the north, Tierra Contenta Drive, and Las Solaras Drive to the south. As one of the last undeveloped parcels in its rapidly expanding commercial and residential subdistricts, this offering represents a chance for investors, developers, or retailers to acquire one of Santa Fe's most desirable locations In the path of significant growth and development potential.

More Information MLS# 1056931

Contract Information

Listing Price: 1250000 Current Price: $1,250,000 Status: Active

Location

Street #: 6680 Street Name: Cerrillos St Suffix: Road County: Santa Fe City/Town Code: Santa Fe State/Province: NM Zip Code: 87507 Zip +4: 9714 Directions: South of Governor Miles on the east side of the street. Geo Lat: 35.623745 Geo Lon: -106.026089 Area: 320 - Santa Fe County S of RR Zone Atlas: NOZA

General Property Description

Property Sub-Type: Undeveloped Land Acres: 3.76 Lot SqFt: 163611.36 Apx Lot Dim Front: 160' Apx Lot Dim Side: 1092' Lot Description: L shaped lot Lot Size Source: On-Line Flood Zone: AE Docks: No Disability Access: No Transaction Type: Sale

Tax & Legal Info

UPC Code: 910021225 Short Legal Desc: T16N R 9E S 73.756AC LOT 2 GRT Code: 01-123 Current Taxes: 14838.62 Tax Exemption: No

Miscellaneous

Land Ownership: Land Owned

Sales Info

Trade/Xch Considered: No

Property Features

Location: Other - See Remarks; Other - See Remarks Construction: See Plans Exterior Material: None Road Frontage Type: City Street; State Road Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Heating: None Cooling: None Lease Information: None Docs/Data Available: None Finance Considered: Cash; Conventional Zoning: C-2
Listing Office: Sun Mountain Real Estate
Last Updated: April - 05 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.