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    Cerrillos, NM
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    Cerrillos, NM Storefront Properties for Sale

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    Santa Fe, NM Lamy, NM Galisteo, NM Budaghers, NM Stanley, NM Pena Blanca, NM Placitas, NM Sandia Park, NM
    Mixed-Use Property with Storefront
    Updated: Aug 6
    Mixed-Use Property with Storefront

    2864 NM 14, Cerrillos, NM 87010

    $540,000
    3,723 sqft 0.18 AC lot
    Approximately 1,400‑square‑foot storefront
    Three residential spaces: 320‑square‑foot studio, 612‑square‑foot one‑bedroom apartment, and 477‑square‑foot casita
    3,723 square feet on 0.18 acres
    New roof plus electrical and plumbing updates
    Courtyards separate the rear casita from the main building
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    This listing looks promising.

    Here's a quick look at some key insights for

    2864 NM 14, Cerrillos, NM 87010

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $47K
      Annual

    • Price @ 7% Cap

      $675K
      Above asking
    View Property Analytics
    Remodeled Live-Work Bungalow
    Updated: Jun 26
    Remodeled Live-Work Bungalow

    2863 NM 14 Highway, Madrid, NM 87010

    $875,000
    1,800 sqft 0.16 AC lot
    1,800‑square‑foot live‑work bungalow on a 0.16‑acre lot
    1931 construction with remodeled interior finishes and updated windows, doors, and lighting
    Front gallery offers 14‑foot ceilings and separate apartment and studio spaces
    Historic mixed‑use zoning allows residential or commercial use
    Private paved driveway parks three cars, with two additional roadway spaces
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Cerrillos, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex With Separate Storefront Building
    Duplex With Separate Storefront Building

    3908 Rodeo Road, Santa Fe, NM 87507

    $450,000
    2,100 sqft 0.33 AC lot

    Two-lot property with a duplex and former retail building requiring renovation in Santa Fe.

    View details
    Multi-Tenant Freestanding Retail Building
    Multi-Tenant Freestanding Retail Building

    3777 Cerrillos Rd, Santa Fe, NM 87507

    $3,017,687
    5,473 sqft 0.77 AC lot

    Three occupied suites serve a prominent signalized intersection in a major Santa Fe trade area.

    View details
    Retail Building With Open Floor Plan
    Retail Building With Open Floor Plan

    6629 Airport Rd, Santa Fe, NM 87507

    Contact for pricing
    9,236 sqft

    C2-zoned retail property offering adaptable interior space, customer parking, and building and monument signage opportunities.

    View details
    Fully Leased Retail Center
    Fully Leased Retail Center

    6415 Airport Rd., Santa Fe, NM 87507

    Contact for pricing
    8,250 sqft

    Retail center occupied by tenants across its commercial space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Lot in Madrid, NM
    Ready-to-Build Lot in Madrid, NM

    34 Ice House Road, Madrid, NM 87010

    $105,000
    0.75 AC lot

    0.75-acre lot with well, power, flat, and commercial/residential zoning.

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    Santa Fe Land Opportunity
    Santa Fe Land Opportunity

    1304 Montoya Place, Santa Fe, NM 87505

    $199,000
    0.09 AC lot

    Land in Santa Fe near restaurants and Meow Wolf.

    View details
    Land on NM 14, Cedar Crest
    Land on NM 14, Cedar Crest

    12141 Nm State 14, Cedar Crest, NM 87008

    $899,000
    15.90 AC lot

    Land in Cedar Crest, NM, with C-1 and A-2 zoning.

    View details
    Prime Commercial Land in Edgewood
    Prime Commercial Land in Edgewood

    12 Edgewood 7 Road, Edgewood, NM 87015

    $2,215,000
    4.13 AC lot

    Highly visible 4.13-acre commercial land in a bustling community.

    View details

    Cerrillos, NM Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Cerrillos, NM on our real estate platform. These investment opportunities span a total of 5,523 square feet of properties for sale, with an estimated market value of $1,415,000.

    Sale prices for retail units in Cerrillos, NM start at $540,000, averaging $707,500, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 1

    Demographics Overview

    Population 1,147
    Population Growth (5Y) +13.6%
    Median Household Income $45,490
    College Educated 84.5%

    Taxes & Financing

    Tax Rate (average for all types) 2.83%
    Property Tax per SF $12.14 per SF
    Tax Rate vs County Average 0.32 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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