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    6581 Cerrillos Rd Santa Fe, NM 87507

    For Sale
    $1,443,000

    Prime 1.44-acre commercial pad site in Santa Fe, NM. High visibility, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.44-acre commercial pad site presents a unique investment opportunity in Santa Fe, New Mexico. Located at 6581 Cerrillos Road, at the signalized intersection with Jaguar Drive, this property boasts unparalleled visibility and accessibility. The site is zoned L1 and offers full access to both Cerrillos Road and Jaguar Drive, ensuring high traffic exposure for any future development. With an estimated 35,225 vehicles per day traveling along Cerrillos Road and an additional 6,197 vehicles per day on Jaguar Drive, this location guarantees significant foot traffic and brand visibility. The asking price is $1,443,000, translating to a land value of $23 per square foot. The property's APN is 1049095321102000000. This outparcel pad site is ready for development, offering a prime location to join established businesses in a thriving area. The high traffic counts and strategic location make this an ideal site for a variety of commercial uses. Don't miss this chance to secure a prominent location in Santa Fe's dynamic commercial landscape.

    Property Features for 6581 Cerrillos Rd

    General Information

    Property type
    Land
    Lot Size
    62,726 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Rudy's Country Store ... Barbecue Restaurant Suping Towing & Tow ... Towing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.02514893295
    Latitude
    35.626601676844

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    FAQs

    What type of property is this?
    Land - Prime 1.44-acre commercial pad site in Santa Fe, NM. High visibility, excellent access.
    Where is this land located?
    The property is located at 6581 Cerrillos Rd Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $1,443,000.
    (505) 256-7573
    Request Owner's contact information
    6581 Cerrillos Rd Santa Fe, NM 87507
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    Santa Fe, NM 87507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6581 Cerrillos Rd Santa Fe, NM 87507
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