5988 Airport

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$3,375,000

Located in one of Santa Fe’s fastest-growing business and multifamily housing corridors, this exceptional 14+ acre parcel on Airport Road presents a rare development opportunity…

Key Features

MLS: 202501839

List Date: 05-20-2025

Status: Active

Area: Southwest County

Type: Land

Acres: 14.9

Presented By

Cindy Sheff

505.470.6114

Cindy Sheff

505.470.6114

Located in one of Santa Fe’s fastest-growing business and multifamily housing corridors, this exceptional 14+ acre parcel on Airport Road presents a rare development opportunity within a designated Federal Opportunity Zone. The land offers substantial frontage with excellent visibility and convenient access, while also providing a sense of privacy toward the rear of the lot. It is convenient to the 599 highway and surrounded by established neighborhoods, national retailers, schools, and public facilities, the site benefits from a strong local customer base and workforce. Within city limits, the property carries two zoning designations–Mixed Use (MU) and Shopping Center (SC-1). The MU zoning allows for a variety of residential and institutional uses, including multifamily housing, mobile home parks, adult care facilities, and schools. The SC-1 zoning along the frontage is intended for commercial uses such as retail, restaurants, and banking. With the potential to rezone the entire property under a single designation, this site is ideal for a wide range of development possibilities, combining residential density with commercial viability in a location poised for continued growth.

Additional Features

Days on Market:16

Property Type:Commercial Building

Property Sub Type:Land

Utilities:Electricity Available

Zoning:Other

About the Neighborhood

Agua Fria Village & Airport Road Area Homes for Sale in Santa Fe

The Agua Fria Village and Airport Road areas are dynamic neighborhoods located in a swiftly expanding mix of residential and commercial property. Recent archaeological excavations indicate settlements dating to 7,000 BCE hunter-gathers in Agua Fría and a 3,000-3,500 BCE date for settlers in pit houses who used the domestication of turkeys as a way to stop hunter-gathering. Later, Pindi Pueblo (1150-1400) combines Tewa and Spanish and loosely translates as “Turkey Town.”

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