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Cerrillos Rd, Santa Fe, NM 87507

Approximately 2.5 acres on a highly visible primary arterial.

Space Size108,900 SF
Lot Size2.50 Acres
Days on Market1290

Property Features for Cerrillos Rd

General Information

Standard status Active
Size 108,900 SF
Lot size 2.50 Acres
Property subtype Land, Retail

Building Details

Building Size 9,000 SF
Tenancy Multiple

Spaces For Lease

at Cerrillos Rd Contact us

Available Space

Size
108,900 SF
Type
Land, Retail
Availability
Active
Contact us
Listing Agency: CBRE - Albuquerque
Listed By: Jim Dountas · License #NM 45995
Source: Crexi
Added: Feb 16, 2023 Changed: Aug 21 Last Checked: Aug 29 at 8:26AM

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 CBRE - Albuquerque

Investment Insights

Based on property information with market context.

This property features approximately 2.5 acres available for sale, ground lease, or build-to-suit opportunities. It is situated along a highly visible primary arterial, which experiences an average daily traffic volume exceeding 51,000 vehicles. The location is suitable for various uses, including office, medical, restaurant, financial institution, fast food, or hotel developments. The property is surrounded by both new and existing residential developments. It benefits from its position within a high-volume retail corridor, near a regional mall and national retailers such as Target, Home Depot, Lowe’s, Sam’s Club, Regal Theaters, Sprouts, and Albertson’s, among others. Access is facilitated by three points of ingress and egress. The site is located less than 10 minutes from Interstate 25, which sees 31,000 vehicles per day.

Key Highlights

  • Located on a highly visible primary arterial with high traffic volume (51,000 VPD).
  • Ideal for a variety of uses: office, medical, restaurant, financial institution, fast food, or hotel.
  • Surrounded by new and existing residential developments.

Property Analytics

Current Use

Commercial land

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,561
Businesses Nearby

Demographics for 87507, NM

51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Approximately 2.5 acres on a highly visible primary arterial.
Where is this commercial land located?
The property is located at Cerrillos Rd Santa Fe, NM.
What are key features of this property?
This property features: Located on a **highly visible primary arterial** with high traffic volume (51,000 VPD).; Ideal for a variety of uses: office, medical, restaurant, financial institution, fast food, or hotel.; Surrounded by new and existing residential developments.
(505) 837-4999 Call to check price and availability
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