Michelle Smith - Coldwell Banker Legacy
1 Tierra Madre Road
Placitas, NM 87043

Description

This is a beautifully positioned COMMERCIAL parcel in PLACITAS with one building on it. The building is currently leased to a church. This building could be demolished to accommodate a higher and better use of the land for Commercial purposes. Please review the documents showing use of a 12,000 SF Office building as an option for the land. A cell tower would also be advantageous especially for Placitas Area residences and Businesses. The zoning allows a fairly wide range of use and is off the main road into Placitas. High visibility would lend itself well to Retail use such as a Cafe or Microbrewery perhaps. Other permissive uses include Professional offices, Medical, Galleries, Banks, Retail Shopping Center. The right developer could make this shine!

Details

MLS#919060
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site93

Features

SQ Feet1,500
Story(s)1
ZoningSU

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Area Information

StateNM
CountySandoval
CityPlacitas
Zip Code87043
Area180 - Placitas Area
Listing VS Median (in 87043)
Price:
$285,000
low | high
Med:
$118,125
100% of Average
SqFt:
1,500
low | high
Med:
0
100% of Average
$ / SqFt:
$190
low | high
Med:
$0
100% of Average
On Site:
93
low | high
Med:
197
47.208121827411% of Average
Listing Updated: 08/18/2018
MLS Number: 919060
Listing Provided By:
Kimberly Boucher  of  Re Max Alliance REALTORS