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    Cerrillos, NM
    Live - Work Space

    Cerrillos, NM Live-work Space for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Algodones, NM Stanley, NM Pena Blanca, NM Sandia Park, NM
    Remodeled Live-Work Bungalow
    Updated: Jun 26
    Remodeled Live-Work Bungalow

    2863 NM 14 Highway, Madrid, NM 87010

    $875,000
    1,800 sqft 0.16 AC lot
    1,800‑square‑foot live‑work bungalow on a 0.16‑acre lot
    1931 construction with remodeled interior finishes and updated windows, doors, and lighting
    Front gallery offers 14‑foot ceilings and separate apartment and studio spaces
    Historic mixed‑use zoning allows residential or commercial use
    Private paved driveway parks three cars, with two additional roadway spaces
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    Mixed-Use Property with Storefront
    Updated: Aug 6
    Mixed-Use Property with Storefront

    2864 NM 14, Cerrillos, NM 87010

    $540,000
    3,723 sqft 0.18 AC lot
    Approximately 1,400‑square‑foot storefront
    Three residential spaces: 320‑square‑foot studio, 612‑square‑foot one‑bedroom apartment, and 477‑square‑foot casita
    3,723 square feet on 0.18 acres
    New roof plus electrical and plumbing updates
    Courtyards separate the rear casita from the main building
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Cerrillos, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ground-Floor Live-Work Condominium
    Ground-Floor Live-Work Condominium

    3600 Cerrillos Rd, Santa Fe, NM 87507

    $395,000
    1,195 sqft

    Corner-positioned space includes private outdoor access and landscaped garden surroundings.

    View details
    Ground-Floor Live-Work Condominium
    Ground-Floor Live-Work Condominium

    3600 Cerrillos Road, Santa Fe, NM 87507

    $395,000
    1,395 sqft

    Corner-unit configuration with C-2 zoning, accessible entry, and private patio access from the rear unit.

    View details
    Single-Level Live-Work Space
    Single-Level Live-Work Space

    3600 Cerrillos, Santa Fe, NM 87507

    $229,900
    624 sqft 0.03 AC lot

    C-1-zoned unit combines a kitchen, full bath, laundry, and flexible work or studio functionality.

    View details
    End-Cap Live-Work Space
    End-Cap Live-Work Space

    3600 Cerrillos Road, Santa Fe, NM 87507

    $261,000
    1,332 sqft

    Ground-floor configuration includes four separately occupied offices.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot

    0.75-acre lot with well, power, flat, and commercial/residential zoning.

    View details

    Cerrillos, NM Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Cerrillos, NM on our real estate platform. These investment opportunities span a total of 5,523 square feet of properties for sale, with an estimated market value of $1,415,000.

    Sale prices for live-work properties in Cerrillos, NM start at $540,000, averaging $707,500, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    High-Yield Neighborhoods for Investment

    Identify Cerrillos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87010 $540K

    Taxes & Financing

    Tax Rate (average for all types) 2.83%
    Property Tax per SF $12.14 per SF
    Tax Rate vs County Average 0.32 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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