Realmo Analytics

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Financial
Distress signals
Property profile

647 Cerrillos Rd Santa Fe, NM 87505

FOR SALE
Other individual retail properties
Property ID
US61-0113002
2,746 SF
Last sale Oct 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building located in downtown Santa Fe within the BCD (Business Commercial District). It contains approximately 2,900 square feet of interior space and supports a range of permitted uses, including restaurant, bed and breakfast, art gallery, daycare, office building, and retail. The site includes off-street designated parking spaces.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$173k
Assessed land$70k
Assessed improvement$104k
Effective rate3.22%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$5k
Operating expenses−$15k
NOI · 3.74% cap applied$35k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.74%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA FE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Shoe Repair8.7
Storage Facility8.3

Location

647 Cerrillos Rd Santa Fe, NM 87505
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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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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Saved
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