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    Property profile & analytics

    555 Cordova Rd Santa Fe, NM 87505-1851

    • Turn key restaurants
    • 9,824 SF
    OFF-MARKET
    Value Estimation
    $450,000
    Location Intelligence
    Property ID
    US61-0300801
    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

    • Maria's New Mexican Kitchen / Mexican Restaurant / Bar

    Property Details for 555 Cordova Rd

    Property size
    9,824 SF
    Property type
    Turn key restaurants
    APN
    11262336
    APU
    11262336

    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
    -105.953
    Latitude
    35.6744
    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
    $9,773
    $162,133
    $141,782
    $303,915
    -
    $486,400
    $425,349
    $911,749

    Comparable in this City

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      4,160 SF

      1601 Berry Ave

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      5,544 SF

      1611 Calle Lorca

      RESTAURANT • 5,544 SF
      1611 Calle Lorca, Santa Fe, NM 87505-3927
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    • Value Estimation
      $350,000
      3,721 SF

      1851 Saint Michaels Dr

      RESTAURANT • 3,721 SF
      1851 Saint Michaels Dr, Santa Fe, NM 87505-7618
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    • Value Estimation by Request

      1814 2nd St

      RESTAURANT
      1814 2nd St, Santa Fe, NM 87505-3848
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    • Value Estimation
      $370,000
      2,284 SF

      1947 Cerrillos Rd

      RESTAURANT • 2,284 SF
      1947 Cerrillos Rd, Santa Fe, NM 87505-3382
      View Details
    • Value Estimation
      $425,000
      2,318 SF

      624 Old Las Vegas Hwy

      RESTAURANT • 2,318 SF
      624 Old Las Vegas Hwy, Santa Fe, NM 87505-1410
      View Details

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    • $1,350,000
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      Retail/Office Building with Drive-Thru

      3,318 SF retail/office building on 0.49 acres.
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    Similar Nearby for Lease

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      Santa Fe Office Space for Lease

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      Retail Space in Santa Fe

      Retail space anchored by Trader Joe's in Santa Fe.
      504-540 W Cordova Rd, Santa Fe, NM 87505
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    • $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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      Santa Fe Pad Site - Drive-Thru Ready

      Prime Retail Pad, Excellent Visibility
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      Retail Space on Cerrillos Road

      Sublease opportunity in a prime location with versatile layout.
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    Property Visit Statistics

    • Visits by month
      8.6k
    • Visitors by month
      8.5k
    • Avg Time on site
      19 min
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    555 Cordova Rd
    Santa Fe, NM 87505-1851
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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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