2860 Cerrillos RdSanta Fe, NM 87507
For Lease
$11/SF/YR
View listing
- Retail space
- 52,338 SF
Property Details for 2860 Cerrillos Rd
- Lot size
- 4.65 AC
- Property size (Sq ft)
- 52,338 SF
- Property type
- Retail space
- APN
- 11231360
- APU
- 11231360
Description
This exceptional Santa Fe retail property, located at 2860 Cerrillos Rd, 87507, offers multiple units ideal for various businesses. The property sits on a 4.72-acre lot and is zoned C-2, providing ample opportunity for diverse commercial uses. Four spaces are currently available, ranging in size from approximately 1,230 square feet to a substantial 11,372 square feet. The largest contiguous space available measures 5,738 square feet. Rental rates vary by unit
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $11,019,095
- 6.5%
- $10,171,472
- 7%
- $9,444,938
-
Comparable approach
- Method
- Valuation
- Relative Method
- $11,231,808
- Geo Method
- $10,896,897
-
Alternative Use
- Use
- Valuation
- Residential
- $8,580,017
- Hospitality
- $7,859,250
- Educational
- $6,538,804
- Medical
- $6,763,683
- Retail
- $10,171,472
2860 Cerrillos Rd, Santa Fe, New Mexico
Location Insight
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Latitude
- 35.6552
- Longitude
- -105.99
- 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
$54,658
$486,707
$1,213,018
$1,699,725
-
$1,460,124
$3,639,056
$5,099,180
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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