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    Property profile & analytics

    Improvement, Unit 551 Cerrillos, NM 87010

    • Commercial real estate
    • 437 SF
    • 73.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0912785
    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

    • Commercial real estate

    Property Details for Improvement

    Lot size
    73.00 lot acres
    Property size
    437 SF
    Property type
    Commercial real estate
    APN
    910016325
    APU
    910016325

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cerrillos
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.153
    Latitude
    35.4057
    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
    $1,710
    $17,492
    $42,191
    $59,683
    -
    $52,477
    $126,575
    $179,052

    Comparable in this City

    • Value Estimation by Request
      100.00 Acres

      40 Twisted Pne Rd

      COMMERCIAL (GENERAL) • 100.00 Acres
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      View Details
    • Value Estimation by Request
      256 SF

      2832 Nm 14th N

      COMMERCIAL (GENERAL) • 256 SF
      2832 Nm 14th N, Cerrillos, NM 87010
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    • Value Estimation by Request
      1,448 SF

      Ambush Driveway

      COMMERCIAL (GENERAL) • 1,448 SF
      Ambush Driveway, Cerrillos, NM 87010
      View Details
    • Value Estimation
      $370,000
      1,592 SF

      2855 Nm 14

      COMMERCIAL (GENERAL) • 1,592 SF
      2855 Nm 14, Cerrillos, NM 87010-9752
      View Details
    • Value Estimation
      $335,000
      2,536 SF

      2860 Nm 14b

      COMMERCIAL (GENERAL) • 2,536 SF
      2860 Nm 14b, Cerrillos, NM 87010-9744
      View Details
    • Value Estimation by Request
      1,580 SF

      2839 Nm 14

      COMMERCIAL (GENERAL) • 1,580 SF
      2839 Nm 14, Cerrillos, NM 87010-9749
      View Details

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    Cerrillos, NM 87010
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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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