1932 Cerrillos Road Santa Fe, NM 87505
SINGLE_FAMILY - Santa Fe, NM
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.
Investment Insights
Based on property information with market context.
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.
Key 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
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
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market 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
