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$ 10,000,000
Est. payment | /mo
2.9 Acres Lot
$ 10,000,000
Est. payment | /mo
2.9 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202505309
HOA Y/N No
Year Built 1931
Lot Size 2.900 Acres
Acres 2.9
Property Sub-Type Mixed Use
Property Description
The Alvord School represents one of the most significant redevelopment opportunities in Santa Fe's urban core. The ±2.9-acre infill parcel sits directly adjacent to the Santa Fe Railyard, the city's premier mixed-use cultural district. The existing ±30,760 sf building, originally built in 1931 and expanded several times through the 1970s, offers uncommon flexibility within the highly permissive Business Capital District (BCD) zoning designation. Extensive entitlements—including the Alvord Master Plan, archaeological clearance, and pre-reviewed infrastructure—substantially reduce planning risk and development timelines. This parcel's size, location, zoning, and entitlement status collectively position The Alvord School as a rare opportunity for hospitality, residential, mixed-use, institutional, medical, or educational redevelopment.
Business Capital District Zoning (BCD) One of Santa Fe's most flexible zoning categories permits:, Hotel / Hospitality, Office / Medical / Dental, Educational facilities, Nonprofit or institutional headquarters, Residential: multifamily, condominiums, live/work, Retail, café, restaurant, service commercial, Cultural uses: museums, galleries, performing arts, Religious and assembly use. No strict density limits; development governed by height zones and Master Plan parameters.
The Santa Fe Railyard is a nationally recognized arts, culture, and mixed-use district including: Santa Fe Farmers' Market, Violet Crown Cinema, SITE Santa Fe, El Museo Cultural, Railyard Plaza + Public Green, REI, Rail Trail + Santa Fe Depot
Transit-Oriented Development Potential: Walkability to transit, Proximity to amenities, Reduced parking requirements, Integration with mixed-use environment
Business Capital District Zoning (BCD) One of Santa Fe's most flexible zoning categories permits:, Hotel / Hospitality, Office / Medical / Dental, Educational facilities, Nonprofit or institutional headquarters, Residential: multifamily, condominiums, live/work, Retail, café, restaurant, service commercial, Cultural uses: museums, galleries, performing arts, Religious and assembly use. No strict density limits; development governed by height zones and Master Plan parameters.
The Santa Fe Railyard is a nationally recognized arts, culture, and mixed-use district including: Santa Fe Farmers' Market, Violet Crown Cinema, SITE Santa Fe, El Museo Cultural, Railyard Plaza + Public Green, REI, Rail Trail + Santa Fe Depot
Transit-Oriented Development Potential: Walkability to transit, Proximity to amenities, Reduced parking requirements, Integration with mixed-use environment
Location
State NM
County Santa Fe
Zoning BCD
Interior
Fireplace No
Exterior
Utilities Available Electricity Available
Water Access Desc Public
Present Use Other
Private Pool No
Building
Water Public
Others
Tax ID 099307774
Security Features Surveillance System
Acceptable Financing Cash, Cash to Existing Loan, Conventional, New Loan
Listing Terms Cash, Cash to Existing Loan, Conventional, New Loan
Special Listing Condition Standard
Listed by Tai Bixby • Real Estate Advisors, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "