Two prime infill sites ripe for commercial development next to San Isidro Plaza. 4860 San Ignacio Rd Lot A-2: 6.811 acres± ($4,125,000). 4635 San Ignacio Rd Lot B: 1.036 acres± ($625,000). $4,750,000 ($13.90/sf) for both lots (7.847 ac±). Located across the street from regional shopping center Santa Fe Place. Nearby businesses include Lowe's, Sprouts, Best Buy, Albertsons, Target, Starbucks, Panera Bread, Ulta, Barnes & Noble, World Market, Dillards and more. 4680 San Ignacio Rd has C-2 commercial zoning which allows for retail, restaurants, multifamily, hospitality, office, religious, educational and more. 4635 San Ignacio Rd has Mixed Use zoning, which 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/
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Zillow last checked:
Listing updated:
Listed by:
Tai Bixby505-577-3524,
Real Estate Advisors, LLC505-539-3200
Source: SFARMLS,MLS#: 202500322Originating MLS: Commercial Association of REALTORS of New Mexico
Facts & features
Interior
Features
Has basement: No
Has fireplace: No
Property
Features
Exterior features: None
Lot
Size: 7.85 Acres
Details
Parcel number: 99303866
Zoning: C-2
Zoning description: C-2 Commercial Zoning
Special conditions: Standard
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Available, Water Available, Electricity Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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