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    Property profile & analytics

    3011 Cerrillos Rd Santa Fe, NM 87507-2309

    • Hotels
    • 2.84 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 12, 2022
    Location Intelligence
    Property ID
    US61-0146728
    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

    • Lu Lu’s Chinese Cuisine / Restaurant / Chinese Restaurant
    • Hotel Inn Santa Fe / Hotel
    • Lulu's nightclub / Chinese Restaurant

    Property Details for 3011 Cerrillos Rd

    Lot size
    2.84 lot acres
    Property type
    Hotels
    APN
    12319403
    APU
    12319403

    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
    -105.994
    Latitude
    35.6548
    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
    $48,487
    $418,503
    $1,089,316
    $1,507,819
    -
    $1,255,512
    $3,267,949
    $4,523,461

    Comparable in this City

    • Value Estimation
      $840,000
      36,608 SF

      4312 Cerrillos Rd

      HOTEL • 36,608 SF
      4312 Cerrillos Rd, Santa Fe, NM 87507-9720
      View Details
    • Value Estimation
      $970,000
      56,681 SF

      4320 Cerrillos Rd

      HOTEL • 56,681 SF
      4320 Cerrillos Rd, Santa Fe, NM 87507-9720
      View Details
    • Value Estimation
      $845,000
      33,972 SF

      3450 Cerrillos Rd

      HOTEL • 33,972 SF
      3450 Cerrillos Rd, Santa Fe, NM 87507-2905
      View Details
    • Value Estimation
      $880,000
      39,040 SF

      8376 Cerrillos Rd

      HOTEL • 39,040 SF
      8376 Cerrillos Rd, Santa Fe, NM 87507-4413
      View Details
    • Value Estimation by Request
      45,238 SF

      3650 Cerrillos Rd

      HOTEL • 45,238 SF
      3650 Cerrillos Rd, Santa Fe, NM 87507-3088
      View Details
    • Value Estimation
      $915,000
      32,484 SF

      3695 Cerrillos Rd

      HOTEL • 32,484 SF
      3695 Cerrillos Rd, Santa Fe, NM 87507-2908
      View Details

    Similar Nearby for Sale

    • $495,000
      1,000 SF

      Santa Fe Industrial Space For Sale

      Versatile 1,000 SF building on 0.17 acres
      2917 Rufina Ct, Santa Fe, NM 87507
      View Details
    • $1,663,556

      Santa Fe Commercial Land - $1.6M

      ±2.5 Acres, High-Visibility Location
      0 Cerrillos Rd, Santa Fe, NM 87507
      View Details
    • $165,000
      0.23 Acres

      Land in Aldea Community

      Land in vibrant Aldea community with city utilities.
      101 Avenida Aldea, Santa Fe, NM 87507
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    • $525,000
      1,587 SF

      New Santa Fe Flex-Use Condominium

      Under construction flex-use condominium in Santa Fe's Siler/Rufina District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details
    • $525,000
      1,587 SF

      New Santa Fe Flex-Use Condominium

      Under construction commercial condominium in Santa Fe's Siler/Rufina District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details
    • $525,000
      Pending

      New Santa Fe Flex-Use Condominium

      Commercial, industrial, and flex-use condominium in Santa Fe's Siler/Rufina District.
      1189 Parkway Dr, Santa Fe, NM 87507
      View Details

    Similar Nearby for Lease

    • $24,000
      1,000 SF

      Santa Fe Industrial Space For Sale

      Versatile 1,000 SF building, 0.17 acres.
      2917 Rufina Ct, Santa Fe, NM 87507
      View Details
    • $3,300 /Mo
      2,000 SF

      Santa Fe Commercial Space Available

      Prime commercial space for lease in Santa Fe's Rodeo District.
      3600 Rodeo Rd, Santa Fe, NM 87507
      View Details
    • Contact for pricing
      28,000 SF

      Freestanding Retail Building in Santa Fe

      28,000 SF retail building with ample parking.
      3140 Cerrillos Rd, Santa Fe, NM 87507
      View Details
    • Contact for pricing
      44,431 SF

      Santa Fe Commercial Land Opportunity

      ±1.02 Acres, High-Traffic Retail Location
      4318 Cerrillos Rd, Santa Fe, NM 87507
      View Details
    • $9,000 /Mo
      8,100 SF

      Remodeled Industrial Building with Mountain Views

      8,100 SF remodeled industrial building in Santa Fe for lease.
      2891 Cooks Rd, Santa Fe, NM 87507
      View Details
    • $20 SF/Yr
      5,043 SF

      Retail Space on Cerrillos Road

      Retail space available for lease on Cerrillos Road.
      3965 Cerrillos Rd, Santa Fe, NM 87507
      View Details

    Property Visit Statistics

    • Visits by month
      262
    • Visitors by month
      717
    • Avg Time on site
      18 min
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    Santa Fe, NM 87507-2309
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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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