1932 Cerrillos Road, Santa Fe, NM 87505
SINGLE_FAMILY - Santa Fe, NM
- Added:
- Nov 26, 2024
- Days on Market:
- 566
- Last Refresh:
- Jun 15 at 11:06 am
Property Features for 1932 Cerrillos Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C-2
- Parking features
- On Street, Garage, Parking Lot
- Standard status
- Active
- APN
- 011264896
- Size
- 4,631 SF
- Lot size
- 0.39 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- LOT 14 BLK 1 LLANO ADDN LOT 1 &13 BLK 1 LLANO ADDN 1901 CHAMISA ST DBA LA UNICA ALSO ADVANCED AUTO WORKS
- Tax Annual Amount
- 6305
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Flooring type
- Concrete, Tile, Carpet
- Building materials
- Adobe, Block, Frame, MetalSiding
- Roof type
- Flat, Tar/Gravel
Listing agent James Delgado License #39148 (505) 699-7472
Listing office Barker Realty, LLC 530 S Guadalupe St., Santa Fe, NM (505) 982-9836
Listing date Nov 26, 2024
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑traffic location on Cerrillos Road (30,000 VPD) with excellent visibility
- C‑2 zoning allows for a wide range of uses
- Existing income from office and automotive maintenance tenants
- Upcoming city and state improvements include new sidewalks, median, and street trees
- Utilities include 2 water meters and separate meters for gas and electricity
- Phase 1 Environmental Site Assessment Complete, Phase 2 Environmental Site Assessment nearing completion
Overview
The property is located on a busy stretch of Cerrillos Road with reported visibility along a 30,000 VPD corridor. Nearby businesses include Toyota, Beck and Bulow, Jiffy Lube, Budget Car Rental, Mampuku Ramen, Jambo, Chase Bank, Dion’s Pizza, Chick-Fil-A, and others. The section of Cerrillos Road is also slated for new sidewalks, a median, and street trees by the City and State.
With C-2 zoning that supports a range of uses, including office, retail, automotive, medical, dental, restaurant, and public assembly, this site may fit operators looking for flexible real estate on a high-visibility roadway. The business and trade name La Unica are available separately, and interested parties should inquire with the broker for details on the separate sale.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.0k | $21.60 |
| − Vacancy | −$15.0k | −$3.24 |
| EGI | $85.0k | $18.36 |
| − OpEx | −$21.3k | −$4.59 |
| NOI | $63.8k | $13.77 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Budget Car Rental — 1946 Cerrillos Rd, Santa Fe, NM 87505
- Enterprise Rent-A-Car — 1611 St Michaels Dr, Santa Fe, NM 87505
- Hertz Car Rental - Santa Fe - Cerrillos (07859-24) HLE — 2010 Cerrillos Rd SUITE 7, Santa Fe, NM 87505
- U-Haul Neighborhood Dealer — 1214 Camino Carlos Rey Ste 1, Santa Fe, NM 87505
- United Rentals — 2707 Cerrillos Rd, Santa Fe, NM 87507
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.9751331
- Latitude
- 35.663336
