2861 Cerrillos Rd Santa Fe, NM 87507-2311
This exceptional freestanding commercial property presents a unique investment opportunity in the vibrant Santa Fe market. Located at 2861 Cerrillos Rd, at the cross streets of Cerrillos Rd and Clark Rd, this 1,297 square foot building sits on a sizable 0.51-acre lot, offering ample space and potential for various uses. Currently configured as a former quick-service restaurant (QSR), the property is zoned C-2, allowing for a range of commercial ventures. The single-tenant occupancy provides flexibility for owner-operators or investors seeking a straightforward investment. The building's prime location ensures high visibility and accessibility, making it an ideal spot for a thriving business. The property's size and zoning provide significant potential for expansion or modification to suit a variety of business needs. This is a rare opportunity to acquire a well-situated, freestanding commercial building in a desirable Santa Fe location. The property is ready for immediate occupancy, presenting a turnkey solution for entrepreneurs and investors alike. Its strategic location at the intersection of Cerrillos Rd and Clark Rd in Santa Fe, New Mexico (zip code 87507) guarantees excellent exposure and convenient access for customers. This is a remarkable chance to own a piece of Santa Fe's thriving commercial landscape.
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Sonic Drive-In Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.