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    Cerrillos, NM
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    Cerrillos, NM Commercial Land for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM Sandia Park, NM
    Ready-to-Build Lot in Madrid, NM
    Updated: Nov 26, 2024
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot
    Ready‑to‑build 0.75‑acre lot with existing well and power.
    Zoned commercial/residential, allowing live‑work builds.
    Walkable to Madrid's art galleries, restaurants, and shops.
    Stunning canyon views of Waldo Mesa and Cerrillos Hills.
    Easy access to Santa Fe (17 miles) via Hwy 14.
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    307 Acres Subdividable Land
    Updated: Oct 18, 2025
    307 Acres Subdividable Land

    1438 Nm 16, Cerrillos, NM 87010

    $2,918,164
    307.18 AC lot
    936 Contiguous Acres: A large, versatile land package.
    Prime Location: Strategically positioned between Santa Fe and Albuquerque.
    Easy Interstate Access: Excellent visibility and access directly off the interstate.
    Subdividable Tracts: Offers flexibility for investors and developers.
    Significant Investment Opportunity: Ideal for developers or businesses seeking a large tract.
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    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House, Madrid, NM 87010

    $105,000
    0.75 AC lot

    0.75-acre lot with well, power, and commercial/residential zoning.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Cerrillos, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Land in High Traffic Area
    Land in High Traffic Area

    8 Avenida Del Sur, Santa Fe, NM 87508

    $800,000
    2.50 AC lot

    Commercial land for sale in a high-traffic location.

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    Land Near Budaghers Outlet Mall
    Land Near Budaghers Outlet Mall

    W Frontage Road, Budaghers, NM 87001

    $176,000
    21.91 AC lot

    22-acre parcel near Budaghers Outlet Mall, between Santa Fe and Albuquerque.

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    Santa Fe Land For Sale
    Santa Fe Land For Sale

    8 Avenida Del Sur, Santa Fe, NM 87508

    $800,000
    2.50 AC lot

    2.5 acre commercial land in high-traffic Santa Fe location.

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    Santa Fe Mixed-Use Development Land
    Santa Fe Mixed-Use Development Land

    4475 NM 14, Santa Fe, NM 87508

    $4,500,000
    1,417,355 sqft 32.54 AC lot

    32.54 acres entitled for 137 residential lots.

    View details

    Cerrillos, NM Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Cerrillos, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 13,446,101 square feet of properties for sale, with an estimated market value of $3,128,164.

    Sale prices for commercial lots in Cerrillos, NM start at $105,000, averaging $1,042,721, and reaching up to $2,918,164 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 10
    Commercial land 1
    Recreation land 1

    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    High-Yield Neighborhoods for Investment

    Identify Cerrillos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87010 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 2.83%
    Property Tax per SF $12.14 per SF
    Tax Rate vs County Average 0.32 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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