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Cerrillos Road Commercial Lot
For Sale
$1,400,000

1863 Cerrillos Road, Santa Fe, NM 87505

High-visibility commercial lot on Cerrillos Road with C-2 zoning.

Property Size2,018 SF
Lot Size0.27 Acres
Price / SF$693.76
Days on Market304

Property Features for 1863 Cerrillos Road

General Information

Standard status Active
Size 2,018 SF
Lot size 0.27 Acres
Property subtype Commercial

Building Details

Year Built 1990
Listing Agency: REAL BROKER LLC.
Listed By: PAUL DURAN · License #2896
Source: Corcoran
Added: Sep 30, 2025 Changed: Jul 6 Last Checked: Jul 30 at 6:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL BROKER LLC.

Investment Insights

Based on property information with market context.

This 0.27-acre commercial lot is located on Cerrillos Road in Santa Fe. The property is zoned C-2, offering development opportunities including drive-throughs, restaurants, office space, multi-family housing, car washes, and retail establishments. Currently operated as a resale car lot, the property is fully accessible. The location benefits from strong foot and vehicle traffic, excellent visibility, and proximity to Santa Fe’s Midtown district. The property is located directly across the street from the El Rey Court Inn. The property size is 2018 square feet.

Key Highlights

  • Prime location directly on Cerrillos Road, a high‑traffic thoroughfare
  • C‑2 zoning allows for a wide range of development opportunities
  • High visibility and strong foot/vehicle traffic

Property Analytics

Current Use

S.Q. Auto Sales Car Dealership

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Mobile Phone Store Bed & Breakfast

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

1,508
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - High-visibility commercial lot on Cerrillos Road with C-2 zoning.
Where is this commercial land located?
The property is located at 1863 Cerrillos Road Santa Fe, NM.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Prime location directly on Cerrillos Road, a high‑traffic thoroughfare; C‑2 zoning allows for a wide range of development opportunities; High visibility and strong foot/vehicle traffic
More about this property
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