Listing Agency: Next Move Realty

Listed By: Dustin Messex · License #NM

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:06PM

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Investment Insights

Based on property information with market context.

This retail space is offered for sale at 1508 Cerrillos Rd, Santa Fe, NM 87505. The property is identified as a commercial building suitable for retail-oriented business use.

Key Highlights

• Retail space at 1508 Cerrillos Rd, Santa Fe, NM 87505

Property Analytics

Current Use

Michael Dunn's B.B.Q ... Bbq Area

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist Butcher HVAC Service Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,680

Businesses Nearby

51k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 55% Shops & Services 45%

Taco Bell Dining

22,930 visits/mo 0.4 miles

Discount Tire Store Shops & Services

8,754 visits/mo 0.3 miles

7-Eleven Shops & Services

8,103 visits/mo 0.4 miles

Baskin-Robbins Dining

4,765 visits/mo 0.5 miles

Speedway Shops & Services

3,988 visits/mo 0.4 miles

Demographics for 87505, NM

32,078

Population

18,733

Households

1.7

Avg Household Size

52

Median Age

54%

College-Educated

94%

High-School Grad

65.1 sq mi

ZIP Area

493

Density / Sq Mi

$75,912

Median Household Income

$41,169

Median Earnings

$1,348

Median Rent

$484,100

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial property offered for sale at 1508 Cerrillos Rd.

Where is this retail space located?

The property is located at 1508 Cerrillos Rd Santa Fe, NM.

What are key features of this property?

This property features: Retail space at 1508 Cerrillos Rd, Santa Fe, NM 87505