CBRE LAND SERVICES GROUP has been engaged as the exclusive listing representative for the sale of La Bajada. The property consists of approximately ±6,421 acres of vacant land of which includes ±5,200 acres of rich aggregate deposits for possible mining.
Property Overview
La Bajada is the largest privately owned parcel of land located on Interstate 25 between Albuquerque and Santa Fe in New Mexico. It features over 10,000 feet of Interstate 25 frontage with two major north and south interchanges into the site. Exit 264 (State Highway 16) located at the northwest corner of the property connects to the Cochiti Indian Reservation and Santo Domingo Pueblo. Exit 267 (County Road 57) is at the northeast corner of the La Bajada property and connects Highway 14 to the Madrid/Cerrillos Mountains. La Bajada is approximately 35 minutes from the Albuquerque International Sunport and 15 minutes from Santa Fe Plaza.
This exceptional property has tremendous development potential, both in terms of a residential master plan and as an aggregate resource. La Bajada is uniquely situated between Albuquerque, New Mexico’s largest metro area with a population of over 912,115, and the exclusive Santa Fe market. With an elevation of over 6,100 feet, La Bajada’s terrain is rich and has varied scenic views from within the heart of the property, including views of Santa Fe National Forest, Cerrillos Mountains, Jemez Mountains, Sangre de Cristo Mountains, Sandia Mountains and the Ortiz Mountains.
The general area is recognized for its mining and railroad history. Existing mines within the area include Rosario and older mining towns of Waldo, Cerrillos and Madrid all adding to the ambiance of the area. Even today, the main rail line to northern New Mexico and Colorado runs through the heart of the land with a Rail Runner spur coming directly off the main line within the site. The light rail commuter train carries travelers from Albuquerque through to Santa Fe.
Investment Summary
- ±6,421 Acres - $3,000/Acre
- ±1,000 Acres currently under contract for renewable energy
- I-25 frontage with access via the I-25/Waldo Rd interchange
- Existing main rail line
- Tremendous Aggregate reserve
- Development opportunity
FOR MORE INFORMATION, PLEASE CONTACT:
Trevor Hatchell
First Vice President
+1 505 837 4922
trevor.hatchell@cbre.com
Matt Butkus
Associate
+1 505 837 4920
matt.butkus@cbre.com
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