Property profile

0 Cerrillos Rd Santa Fe, NM 87507

OFF-MARKET
Retail properties & Spaces
9,000 SF 2.5 ac lot
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Property summary

AI-generated overview

This exceptional 2.5-acre commercial land parcel presents a unique investment opportunity in Santa Fe, New Mexico. Located on Cerrillos Road at the intersection of Vegas Verdes Road in the Santa Fe submarket, this property boasts a prime location along a major arterial with over 51,000 vehicles passing daily, ensuring high visibility and accessibility. The site is zoned for a variety of uses, making it ideal for office, medical, restaurant, financial institution, fast food, or hotel development. The property offers easy access via three points of ingress/egress, adding to its convenience and appeal. The site is situated within a thriving retail corridor, surrounded by established residential areas and major national retailers including Target, Home Depot, Lowe's, Sam's Club, Regal Theaters, Sprouts, and Albertson's, creating a strong customer base and high foot traffic. The property is available for sale, ground lease, or build-to-suit options, offering flexibility to potential buyers or developers. This 9,000 square foot site, encompassing one suite, is situated in Santa Fe County, New Mexico, with a zip code of 87507. Its proximity to Interstate 25 (less than 10 minutes away, with 31,000 VPD) further enhances its strategic location and accessibility. This is a rare opportunity to acquire a highly visible and versatile commercial property in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 9,000 SF
Lot 2.5 ac (108,900 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cerrillos Rd Santa Fe, NM 87507
Santa Fe metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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