5018 Rail Runner Rd

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5018 Rail Runner Rd

Santa Fe, NM 87507
Asking Price
$2.12M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 6.47 acres <ul><li>​Discounted Bulk Portfolio Opportunity: Parcels 20, 25, and 26 are offered together at a discounted bulk price of $5,352,000, providing investors the opportunity to acquire multiple development sites within a single master-planned community.</li><li>​16.4± Acre Combined Development Footprint: The portfolio provides approximately 16.4 acres ± of commercial development land with flexible site planning potential.</li><li>​Flexible C-2 Commercial Zoning: C-2 zoning allows a wide range of use

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NOI
$80,000
Cap Rate
3.78%
DSCR
0.64
Underwater
Cash-on-Cash
-7.18%
Monthly Payment
$10,463.866
Annual Cash Flow
$-45,566.392

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