Catylist Listing ID: 28856837
Property Subtypes: Residential (Single Family), Retail-Pad
Status: Pending
Gross Land Area: 101.49 Acres
Sale Price: $2,500,000
Unit Price: $24,632 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2018

Overview / Comments

Please contact the agent for more information about this listing.

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Submarket Type: Suburban
Tax ID/APN: 1048092179449000000
Market Type: Small
Property Located Between: State Highway 599 & State Road 14
Road Type: Paved
Property Visibility: Excellent
Legal Description: Tracts 2A and Tract 3, filed of record in the office of the county clerk of Santa Fe County, New Mexico on September 15, 2004 in Book 576, Page 8.
Largest Nearby Street: State Road 14
Feet of Frontage: 1,500
Transportation: Rail, Highway, Airport
Highway Access: In close proximity to Interstate 25, State Highway 599 and State Road 14
Rail Access: Yes
Airports: Santa Fe / Albuquerque International
Site Description: In close proximity to Rail Runner commuter train station.
Zoning Description: Property is an entitled and approved master plan with engineering complete. The entitlement includes a favorable affordable housing requirement of 15%. Including open space the property density is +/- 2.9. Excluding open space from the calculation the density increases to +/- 7.8. The development plan includes a mix of 178 residential lots ranging in size from 40, x 100' to 38' x 80' with 38 duplex and triplex (attached housing) buildings with a total of 112 units. 1.4 acres has been zoned for commercial use.
Development Name: TURQUOISE TRAIL
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 902 17,877 60,124
Median Age: 34.72 31.84 35.91
Households: 283 6,059 22,833


Photograph of Listing Agent

Richard T Bressan

Land Advisors Organization CARNM CIE Member
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