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    1004 State Road 76 Santa Cruz, NM 87567

    New
    For Sale
    $1,023,993

    MULTI_FAMILY - Santa Cruz, NM

    Property size:
    5,741 SF
    Lot size:
    1.15 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 1004 State Road 76

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 7, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 6, Bathroom 4
    Bedrooms
    2
    Bathrooms
    1
    APN
    1047120465165000000
    Appliances
    Refrigerator
    Size
    5,741 SF
    Lot size
    1.15 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Forced Air, Radiant, Radiant Floor

    Building Details

    Year built
    1945
    Floors in Building
    1
    Number of units
    7
    Flooring type
    Vinyl, Carpet
    Building materials
    Adobe, Block, Frame, Stucco

    NM Apartment Advisors Inc. (505) 440-8633 [email protected]

    Listing agent Todd D Clarke (505) 440-8633 License #13711

    Listing date Dec 9, 2025

    MLS# 1088544 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Cruz Multifamily Investment Opportunity

    This seven-unit multifamily property is located in Santa Cruz, NM, near Santa Fe. The residences are positioned in close proximity to jobs, retail, restaurants, and casinos, including El Parasol and Rancho Chimayo Restaurants. The property, situated on a 1.15-acre lot, totals 5,741 square feet. Each unit has its own laundry or shares with one additional unit. Most residences feature private yard spaces, creating a cottage-like feel within a compound setting. This property presents a value-add opportunity by catering to the announced 20,000 jobs at Los Alamos National Laboratories (LANL), with an expected addition of 2,000 jobs per year.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Discount Store Computer & Electronic Repair Veterinary Clinic Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Cruz
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.056084
    Latitude
    35.991707

    FAQs

    What type of property is this?
    Apartment building - Seven-unit property near Santa Fe, NM, with value-add potential.
    Where is this apartment building located?
    The property is located at 1004 State Road 76 Santa Cruz, NM.
    What is the asking price?
    The asking price for this property is $1,023,993.
    What are key features of this property?
    This property features: - Proximity to jobs, retail, restaurants, and casinos.; - Value-add opportunity due to 20,000 new jobs at Los Alamos National Laboratories (LANL).; - Seven units, each with laundry (private or shared with one unit).
    (505) 440-8633
    Request Owner's contact information
    1004 State Road 76 Santa Cruz, NM 87567
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    Santa Cruz, NM 87567
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1004 State Road 76 Santa Cruz, NM 87567
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