Cerrillos Rd Santa Fe, NM 87507
- Land
Current Use by Public Records
- Land
Property Details for 0 Cerrillos Rd
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -106.011
- Latitude
- 35.6453
