FOR SALE: $500, I-25 W Frontage Road, Santa Fe, NM 87505

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LAND FOR SALE - R1 DEVELOPMENT OPPORTUNITY SALE PRICE: $500,000 PRICE PER ACRE: $31,949 LOT SIZE: 15.65 Acres ZONING: R-1 I-25 Frontage Rd CROSS STREETS: Between Cerillos Rd & 599 PROPERTY OVERVIEW Great development opportunity on this large, relatively flat parcel off the I-25 West Frontage Road. Ready for residential development with R-1 zoning. Savvy developers know that this is the time to develop land for entry level housing. This is a well located parcel with easy access to I-25 from 599 or from Cerrillos. Convenient to shopping on Cerrillos Road, educational opportunities, entertainment, and transportation at the Railrunner station and Santa Fe Airport. PROPERTY FEATURES Development Opportunity off I-25 W Frontage Rd Excellent Visibility R-1 Zoning Allows 1 Dwelling Unit per Acre City Sewer in Frontage Road City Water to Neighboring Lot at Natural Tobacco Building Gently Sloping Site Easy to Develop 3 Phase Electricity Across Front of Property TAI BIXBY,

LAND FOR SALE TAI BIXBY,

LAND FOR SALE TAI BIXBY,

LAND FOR SALE POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 1,230 49,600 112,869 MEDIAN AGE 31.2 34.6 39.9 MEDIAN AGE (MALE) 33.6 33.1 38.6 MEDIAN AGE (FEMALE) 32.5 35.8 41.6 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 458 18,135 47,633 # OF PERSONS PER HH 2.7 2.7 2.4 AVERAGE HH INCOME $56,104 $60,934 $67,044 AVERAGE HOUSE VALUE $431,017 $214,253 $334,074 RACE 1 MILE 5 MILES 10 MILES % WHITE 81.7% 76.3% 79.0% % BLACK 1.1% 1.1% 0.9% % ASIAN 0.8% 1.2% 1.4% % HAWAIIAN 0.0% 0.0% 0.1% % INDIAN 0.0% 1.3% 1.6% % OTHER 14.2% 16.6% 14.1% ETHNICITY 1 MILE 5 MILES 10 MILES % HISPANIC 75.3% 68.8% 55.1% * Demographic data derived from 2010 US Census TAI BIXBY,

R-1, R-2, R-3, R-4, R-5 and R-6 Residential Districts The purpose of the R-1, R-2, R-3, R-4, R-5 and R-6 residential districts is to be residential areas with low population densities. Permitted Uses 1. Daycare; preschool; for infants & children (6 or fewer) 2. Dwelling, multiple-family 3. Dwelling, single-family 4. Electrical distribution facilities 5. Electrical substation 6. Electrical switching station 7. Electrical transmission lines 8. Foster homes licensed by the State 9. Group residential care facility (limited) 10. Manufactured homes 11. Public parks, playgrounds & playfields Requires a Special Use Permit if located within 200 feet, excluding rights-ofway, of residentially zoned property. Special Use Permits The following uses may be conditionally permitted in R-1, R-2, R-3, R-4, R-5 and R-6 districts subject to a Special Use Permit: 1. Adult day care 2. Boarding, dormitory, monastery 3. Cemeteries, mausoleums, columbaria 4. Clubs & lodges (private) 5. Colleges & universities (residential) 6. Continuing care community 7. Daycare; preschool; for infants & children (more than 6) 8. Grocery stores (neighborhood) 9. Group residential care facility 10. Laundromats (neighborhood) 11. Mobile home; permanent installation 12. Museums 13. Neighborhood & community centers (including youth & senior centers) 14. Nursing, extended care, convalescent, recovery care facilities 15. Religious assembly (all) 16. Schools; elementary & secondary (public or private) 17. Sheltered care facilities 18. Utilities (all, including natural gas regulation station, telephone exchange, water or sewage pumping station, water storage facility)

Accessory Uses The following accessory uses are permitted in R-1, R-2, R-3, R-4, R-5 and R-6 districts: 1. Accessory dwelling units 2. Accessory structures, permanent, temporary or portable, not constructed of solid building materials; covers; accessory structures exceeding 30 inches from the ground 3. Barbecue pits, swimming pools (private) 4. Children play areas & equipment 5. Daycare for infants & children (private) 6. Garages (private) 7. Greenhouses (non-commercial) 8. Home occupations 9. Incidental & subordinate uses & structures 10. Residential use ancillary to an approved use 11. Utility sheds, located within the rear yard only Dimensional Standards Max density Minimum lot: R-1=1; R-2 = 2; R-3 = 3; R-4 = 4; R-5 = 5; R-6 = 6 dwelling units per acre Area: single family dwellings: 4,000 SF or 2,000 SF if common open space provided; multi-family dwellings 4,000 SF per dwelling unit Max height: Residential structures 24 feet; non-residential structures 35; within 10 feet of a property line, no point on a structure shall be higher than 14 feet above finished grade at the closest point on the perimeter of the structure. Within g15 feet of a property line, no point on a structure shall be higher than 24 feet above finished grade at the closes point of the perimeter. Setbacks: Max lot cover: Street 7 (20 for garage or carport); side 5 or 10*; rear 15 or 20% of the average depth dimension of lot, whichever is less (* within 10 feet of a property line, no point on a structure shall be higher than 14 feet above finished grade at the closest point on the perimeter of the structure. Within g15 feet of a property line, no point on a structure shall be higher than 24 feet above finished grade at the closes point of the perimeter.) 40; 50 if private open space provided

The intent of private open space is to ensure easily available access to the outdoors in medium- to high-density developments, and to provide for a sufficient sense of privacy. Requirements are as follows: The maximum lot coverage may be increased in accordance with Table 14-7.2-1 if qualifying private open space for each dwelling unit is provided as follows: (a) for lots in R-1, R-2, R-3, R-4, R-5, R-6, R-7, R-7I, R-8 or R-9 districts, an amount not less than fifty percent of the total gross floor area of that dwelling unit; and (2) balconies, roof decks or roofed areas such as porches or portals may be included as twenty-five percent of the required private open space; (3) private open space does not include parking areas, driveways or related access for automobiles or stormwater ponding areas; (4) the minimum dimension for required private open space shall not be less than twelve (12) feet; (5) finished grade for required private open space shall have a slope no greater than one (1) vertical foot in ten (10) horizontal feet; and (6) accessory dwelling units shall also be required to meet the private open space criteria in this Subsection 14-7.5(C); provided, however, that private open space for the accessory dwelling unit does not have to be physically separated from the private open space for the primary dwelling unit, and up to fifty percent of the private open space required for the accessory dwelling unit may be the same private open space provided for the primary dwelling unit; and (7) there are no planting requirements for private open space. Minimum Qualifying Open Space Detached single family dwellings 14-7.2(C) It is intended that the common open space required in single-family subdivisions where the lot size has been reduced from that of a conventional subdivision be a compensation to occupants for reduced lot size. It is further intended that common open space be usable and be provided for occupants outside of the lot but within the subdivision. Where the lot size is between two thousand (2,000) and four thousand (4,000) square feet, common open space is required in an amount such that the sum of the square footage of the lots in the development plus the sum of the square footage for common open space, all divided by the number of single-family lots, equals no less than four thousand (4,000) square feet. Multiple family dwellings: common open space = 50% total gross floor area of all buildings, plus private open space = 25% of gross floor area of each unit.