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    Property profile & analytics

    2002 Cerrillos Rd Santa Fe, NM 87505-2400

    • Strip malls
    • 13.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 24, 2021
    Location Intelligence
    Property ID
    US61-0330030
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chase Bank / Bank / Atm
    • Enchanted New Mexico Insurance Co / Insurance Agency

    Property Details for 2002 Cerrillos Rd

    Lot size
    13.84 lot acres
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    910010626
    APU
    910010626

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.978
    Latitude
    35.6608
    CBSA code
    42140
    CBSA name
    SANTA FE, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $61,781
    $852,137
    $1,069,105
    $1,921,242
    -
    $2,556,413
    $3,207,317
    $5,763,730

    Comparable in this City

    • Value Estimation
      $710,000
      11,955 SF

      511 Old Santa Fe Trl

      SHOPPING CENTER, STRIP CENTER • 11,955 SF
      511 Old Santa Fe Trl, Santa Fe, NM 87505-0306
      View Details
    • Value Estimation
      $390,000
      7,319 SF

      1542 Cerrillos Rd

      SHOPPING CENTER, STRIP CENTER • 7,319 SF
      1542 Cerrillos Rd, Santa Fe, NM 87505-3550
      View Details
    • Value Estimation
      $485,000
      14,099 SF

      1711 Saint Michaels Dr

      SHOPPING CENTER, STRIP CENTER • 14,099 SF
      1711 Saint Michaels Dr, Santa Fe, NM 87505
      View Details
    • Value Estimation
      $975,000
      51,386 SF

      Saint Michaels Dr

      SHOPPING CENTER, STRIP CENTER • 51,386 SF
      Saint Michaels Dr, Santa Fe, NM 87505
      View Details
    • Value Estimation
      $820,000
      20,980 SF

      607 Cerrillos Rd

      SHOPPING CENTER, STRIP CENTER • 20,980 SF
      607 Cerrillos Rd, Santa Fe, NM 87505-7700
      View Details
    • Value Estimation
      $885,000
      94,829 SF

      1712 Saint Michaels Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 94,829 SF
      1712 Saint Michaels Dr, Santa Fe, NM 87505-7617
      View Details

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      High-visibility commercial property on Cerrillos Road.
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    Similar Nearby for Lease

    • Contact for pricing
      7,577 SF

      Retail Space in Santa Fe

      Retail space anchored by Trader Joe's in Santa Fe.
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    • $18 SF/Yr
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      Santa Fe Office Space for Lease

      1600 sq ft, prime downtown location
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      View Details
    • $1,160 /Mo
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      Retail Space Available For Rent

      Retail space available for lease, totaling 1,470 square feet.
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      Versatile retail space with high traffic and excellent access.
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      High Visibility Retail Building Available

      Free standing retail building in a dense retail corridor.
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    • $14 SF/Yr
      3,003 SF

      Santa Fe Warehouse and Retail

      Warehouse and retail space near St. Michaels & St Francis Dr.
      851 W San Mateo Rd, Santa Fe, NM 87505
      View Details
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    2002 Cerrillos Rd
    Santa Fe, NM 87505-2400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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