Cerrillos Rd. and I-25

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 14724439
Property Subtypes: Hospitality, Multi-Family, Retail, Retail-Pad
Status: Pending
Gross Land Area: 11.38 Acres
Sale Price: $4,350,000
Unit Price: $382,249 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2018

Overview / Comments

Excellent retail property in rapidly development South Santa Fe area. Immediately adjacent to Fashion Outlet Mall of Santa Fe and the master planned community of Las Soleras. New businesses in the immediate area include WalMart Superstore, Beaver Toyota, Cracker Barrel Restaurant, and McDonalds. Subject site had an approved Final Development Plan in place for an 82,000 Retail Showroom/Warehouse facility and an additional pad site.

Attachments & Media

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Tax ID/APN: 1049094121055000000
Zoning: C-2
Market Type: Medium
Property Located Between: Cerrillos Road and I-25
Side of Street: Southwest
Road Type: Paved
Property Visibility: Excellent
Legal Description: : Lot 2-B, as shown and described on the Plat entitled "Plat of Survey Prepared for Eakin/Trickey Showing Division of Land within Sections 7 and 18, T16N, R9E, N.M. P.M., Santa Fe, New Mexico on June 2, 1993, in Plat Book 248, Page 028, as Document 816,379 Less that portion of Lot 2-B dedicated to the County of Santa Fe pursuant to the "Conditional Road Dedication Plat" filed in the Santa Fe County, New Mexico real estate records on August 7, 2000 in Book 451,Page 1.
Largest Nearby Street: Beckner Road
Traffic/Vehicle Count: 41,000
Highway Access: Immediate access to/from I-25 at Cerrillos Rd.
Site Description: Property is ready for immediate development. Sewer has been run to the property and utilities are to the site. Beckner Road is a signalized intersection at Cerrillos Road. High visibility and easy on/off access from I-25. This property is in the center of this rapidly developing area of South Santa Fe. Adjacent to the Fashion Outlets of Santa Fe Mall and Las Soleras Master Planned Community,
Area Description: Rapidly developing area of South Santa Fe. Immediate area is home to the Fashion Outlet Mall of Santa Fe with several new stores recently added and will be the new home to WalMart Superstore, Beaver Toyota, Craker Barrel and McDonalds restaurants, as well as the rapidly developing Las Soleras master planned community.
Zoning Description: C-2 zoning in the City of Santa Fe. Allows multiple uses.
Topography: Level
Available Utilities: Electric, Water, Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,133 44,652 77,308
Median Age: 28.18 35.02 38.61
Households: 718 16,738 31,455
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.