0 Cerrillos Rd, Santa Fe, NM 87507
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.