3600 Cerrillos, NM
SINGLE_FAMILY - NM
- Added:
- Apr 7, 2026
- Days on Market:
- 97
- Last Refresh:
- Jul 12 at 1:06 pm
Property Features for 3600
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 3
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 990000502
- Size
- 1,350 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Description
- T16N R9E S5, THE LOFTS A CONDOMINIUM, UNIT 207
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1995
- Flooring type
- Concrete
- Roof type
- Flat
Listing agent Riesha Fiorina License #16584 (505) 577-1917
Listing office Barker Realty, LLC 530 S Guadalupe St., Santa Fe, NM (505) 982-9836
Listing date Apr 7, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Rare commercial condo in the desirable Cerrillos Road Lofts live/work community.
- Currently configured as professional office space with three tenant‑occupied offices.
- Located at the back of a private compound, providing privacy and ample parking.
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 | $29.2k | $21.60 |
| − Vacancy | −$4.4k | −$3.24 |
| EGI | $24.8k | $18.36 |
| − OpEx | −$6.2k | −$4.59 |
| NOI | $18.6k | $13.77 |
