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Property profile & analytics
OFF-MARKET
Land

0 Cerrillos Rd Santa Fe, NM 87507

Property ID
Property summary
AI-generated overview

This exceptional ±2.5-acre commercial land parcel presents a unique investment opportunity in Santa Fe, New Mexico. Strategically located along a major arterial road boasting an average daily traffic count exceeding 51,000 vehicles, this property offers unparalleled visibility and accessibility. Its prime location within a high-volume retail corridor ensures significant exposure to a large consumer base. Nearby established businesses include a regional mall and numerous national retailers such as Target, Home Depot, Lowe's, Sam's Club, Regal Theaters, Sprouts, and Albertson's. The property's versatility allows for a wide range of development possibilities, including office space, medical facilities, restaurants, financial institutions, fast-food establishments, or even a hotel. Surrounded by both new and existing residential developments, this site benefits from a strong and growing residential population. Convenient access is provided via three points of ingress and egress, further enhancing its appeal. The property is less than 10 minutes from Interstate 25, a major thoroughfare with a daily traffic volume of over 31,000 vehicles, providing additional access and connectivity. This property is offered for sale, ground lease, or build-to-suit options, providing flexibility for potential buyers. The asking price for this exceptional commercial land is $1,663,556. Located in Santa Fe County, New Mexico, with a zip code of 87507, on Cerrillos Rd.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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