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87 South Polo Drive
Santa Fe, NM 87507
Asking Price
$7.00M
Asset Type
Commercial Land
Class
Class B
What's Special
57± Acres | 130 Approved RV Spaces | Water Rights | BLM Access <ul><li>130-Space Entitled RV Resort — Santa Fe County BCC approved a 130-space RV campground and equestrian/event center in three phases on 57± acres (Case No. 25-5230, March 10, 2026) — the only entitled RV resort site in Santa Fe County.</li><li>~57 Acres Combined — The offering packages 57± owned acres with a City of Santa Fe Airport ground lease covering an additional ~57 acres of equestrian, event, and future development land.</li><li>Adjudicated Water Rights Included — The Hagerman Wel
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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168
