Commercial Land in Edgewood next to Sonic

Vacant Land for Sale
Catylist Listing ID: 29995733
Property Subtypes: Hospitality, Retail
Gross Land Area: 2.38 Acres
Sale Price: $571,803
Unit Price: $240,253 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2018

Overview / Comments

Land is directly south of the Sonic Drive-In Restaurant in the heart of Edgewood's commercial district. Power, water, natural gas and sewer are all available to the property. Access to Interstate 40 and Old U.S. Route 66 is excellent and visibility is equally good.

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Taxing Authority: Santa Fe County
Tax ID/APN: 96005504
Property Visibility: Excellent
Legal Description: Tract D Land Division of Guttman, less 30' road easement recorded 1983, Bk 115 Pg 30, Less 9426 sf for Edgewood 7
Largest Nearby Street: Old U.S. Route 66 and Interstate 40
Feet of Frontage: 281
Highway Access: Excellent access to Old U.S. Route 66 and Interstate 40
Airports: Albuquerque, Santa Fe
Site Description: Mostly level.
Area Description: Edgewood is emerging from "bedroom community" status and is eager for commercial growth.
Lot Frontage: 281
Lot Depth: 290 feet on one side and 489 on the other
Zoning Description: Business services, light industrial, all R1 and R3 uses included
Topography: Level
Easements: Utilities
Soil Type: Loam
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Other
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,575 13,718
Median Age: 42.4 43.03
Households: 1,786 5,310


Photograph of Listing Agent

Raymond H. Seagers

ReMax Western Heritage
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