1 Tierra Madre Rd
Placitas, NM 87043

This is a beautifully positioned COMMERCIAL parcel in PLACITAS with one building on it. The building is currently leased to a church. This building could be demolished to accommodate a higher and better use of the land for Commercial purposes. Please review the documents showing use of a 12,000 SF Office building as an option for the land. A cell tower would also be advantageous especially for Placitas Area residences and Businesses. The zoning allows a fairly wide range of use and is off the main road into Placitas. High visibility would lend itself well to Retail use such as a Cafe or Microbrewery perhaps. Other permissive uses include Professional offices, Medical, Galleries, Banks, Retail Shopping Center. The right developer could make this shine and make use of the many residents in Placitas. The median income for a household in the CDP was $60,597, and the median income for a family was $71,696. As of the 2010 census, its population was 4,977.