Property profile

535 Cerrillos Rd Santa Fe, NM 87501

OFF-MARKET
Investment properties
Property ID
US61-0307309
13,657 SF
Individually Owned Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,476-square-foot single-tenant office space is ideally situated in downtown Santa Fe, New Mexico, at 535 Cerrillos Road #A-1. Built in 1994, this one-story building sits on a 0.57-acre lot and is zoned BCD. The property features a spacious open floor plan with five additional large rooms and three bathrooms, perfect for a variety of business uses. A convenient breakroom with a kitchenette is included, enhancing employee comfort and productivity. The adaptable layout allows for customization to suit specific business needs, whether retail, showroom, or traditional office space. Ample dedicated parking is available. The location offers high visibility and excellent access to public transportation, including proximity to the Santa Fe Depot Rail Runner Station and multiple bus stops. Nearby amenities include Santa Fe Railyard Park and a Whole Foods Market, providing convenient access to recreational areas and essential services. This property presents a unique opportunity to establish a strong business presence in a vibrant and accessible downtown Santa Fe location. The Santa Fe County property (APN 12141696) offers a blend of functionality and prime location, making it an attractive investment for businesses seeking a thriving environment. The property's size and features make it suitable for a variety of commercial uses. This is a rare opportunity to secure a significant space in a highly desirable area of Santa Fe.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 13,657 SF
APN 12141696
UPID US61-0307309

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
  • Bakery Specialty Food Shop
  • Charitable Organization Social Service Agency
  • Health
  • Advertising Agency Marketing & Advertising
  • Training Center

Location

535 Cerrillos Rd Santa Fe, NM 87501-2694
Santa Fe metro Census 400 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$600k

Owner & transaction history

1 recorded transaction
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 535 Cerrillos Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message