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2085 S Pacheco St
0.88 Acres of Commercial Land Offered at $708,799 CAD in Santa Fe, NM 87505
Investment Highlights
- Approved office development site in City of Santa Fe.
- Great location, near major development.
- Significant improvements already in place.
Executive Summary
Development plans for Building 2 show a Territorial Style, 2-story, 6,125± sf building envelope. The development plan indicates Building 2 could be increased up to 9,525± rentable sf and still support 1 parking space per 200 rentable sf (plan requirement). Any increase in size may be subject approval.
Property Facts
Price | $708,799 CAD | Property Subtype | Commercial |
Sale Type | Investment or Owner User | Total Lot Size | 0.88 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
Property Type | Land |
Price | $708,799 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.88 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $708,799 CAD | Lot Size | 0.88 AC |
Price Per AC | $805,453 CAD |
Price | $708,799 CAD |
Price Per AC | $805,453 CAD |
Lot Size | 0.88 AC |
SALE PRICE: $650,000 LEASE RATE: See broker Possible build-to-suite, see broker for more details LEGAL DESCRIPTION: Reserved Development Right to Create an Additional 6 Units of Pacheco Plaza Office Condominium.
Description
Approved office development site, located in an existing condominium development. Significant improvements already in place, including landscaping and parking lot. Hard to find opportunity with significant barriers to new development. Near major development - Christus St. Vincent's Hospital ($80 million expansion underway), Los Alamos National Laboratories Office/Administration (500 employees), Smith’s Grocery, Starbuck’s Coffee, State Employees Credit Union, Wells Fargo, USPS and others. Great location with easy access to St. Francis Drive and St. Michaels Drive. Specular views of the Santa Fe National tional Forest to the east. Possible visibility from St. Francis Drive.
zoning
Zoning Code | C-1 (Office and Related Commercial District - City of Santa Fe) |
C-1 (Office and Related Commercial District - City of Santa Fe) |
Presented by
2085 S Pacheco St
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