2085 Pacheco StSanta Fe, NM 87505

For Sale
$650,000

Santa Fe office land, development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.88-acre commercial land parcel in Santa Fe, New Mexico, presents a unique development opportunity. Located at 2085 S Pacheco St, 87505, this C-1 zoned property (Office and Related Commercial District) offers the reserved development right to create six additional units within the existing Pacheco Plaza Office Condominium. Significant infrastructure is already in place, including landscaping and parking, minimizing upfront development costs. The property benefits from its strategic location near major employers such as Christus St. Vincent's Hospital (currently undergoing an $80 million expansion), Los Alamos National Laboratories' office and administration building (housing 500 employees), and numerous amenities including Smith's Grocery, Starbucks, a State Employees Credit Union, Wells Fargo, and a USPS branch. Enjoy easy access to St. Francis Drive and St. Michaels Drive, and spectacular views of the Santa Fe National Forest. With high traffic counts (39,299 CPD on St. Francis Drive in 2022) and significant barriers to new development, this is a rare opportunity to capitalize on a prime Santa Fe location. The APN is 1-053-097-224-006-CS0-000. The asking price is $650,000. This property is situated within the South Central Highway Corridor Protection District.

Highlights

  • Approved office condo development site.
  • Existing infrastructure including landscaping and parking.
  • Rare development opportunity with high barriers to entry.
  • Excellent location near Christus St. Vincent's Hospital (undergoing $80M expansion), Los Alamos National Lab offices, and numerous amenities.
  • Convenient access to St. Francis Drive and St. Michaels Drive.
  • Stunning views of the Santa Fe National Forest, potential St. Francis Drive visibility.

Property Details for 2085 Pacheco St

Property type
Other land, Land
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.653269443874
Longitude
-105.95855910644
2085 Pacheco St, Santa Fe, New Mexico

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2085 Pacheco St
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