Property profile

3600 Cerrillos Rd Santa Fe, NM 87507

FOR SALE
Office Spaces
Property ID
US61-0912901
4,062 SF 3.15 ac lot
Entity Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Santa Fe medical office space offers two available suites ideal for medical professionals seeking a well-located, established practice. Situated at 3600 Cerrillos Rd, Santa Fe, NM 87507, this property boasts convenient access and ample parking. The building is zoned C-2, General Commercial, ensuring flexibility for various medical uses. Two suites are currently available for lease: Suite 507, offering approximately 1,265 square feet, and Suite 506A, providing approximately 630 square feet. These spaces are perfect for a variety of medical practices, offering the opportunity to expand or downsize as needed. Suite 507 is available at a lease rate of $19.00 per square foot, plus NNN expenses, while Suite 506A is available at $26.00 per square foot, plus NNN expenses. The property is located in Santa Fe County, New Mexico, providing a desirable address for any medical practice. The building's location offers excellent visibility and accessibility for patients and staff. This is a rare opportunity to secure prime medical office space in a thriving Santa Fe community. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 4,062 SF
Lot 3.15 ac (137,214 SF)
APN 99306921
UPID US61-0912901

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Photography Service
  • Physician
  • Engineer
  • Dental Office
  • Dental Office

Location

3600 Cerrillos Rd Santa Fe, NM 87507
Santa Fe metro Census 1106 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
$580k
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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