418 Cerrillos RdSanta Fe, NM 87501

For Lease
$22/SF/YR View listing
  • Commercial real estate
  • 27,593 SF

Property Details for 418 Cerrillos Rd

Property size (Sq ft)
27,593 SF
Property type
Commercial real estate
APN
12484224
APU
12484224

Description

This exceptional commercial property, located at 418 Cerrillos Rd in Santa Fe, New Mexico, 87501, offers a unique blend of retail and office spaces. The property is situated in the vibrant Business Capital District (BCD) zoning area, providing excellent visibility and accessibility. Three distinct units are currently available, catering to a variety of business needs. On the lower level, a retail space (Unit C) totaling 805 square feet is available at a modified gross rent of $32.00 per square foot. The upper level presents two office/studio options. Unit 19 offers 350 square feet at a modified gross rent of $24.00 per square foot, while Units 26 & 27 combined provide a substantial 1,038 square feet at a modified gross rent of $22.00 per square foot. This diverse offering presents a compelling opportunity for businesses seeking high-traffic locations in the heart of Santa Fe. The property's central location and flexible space options make it an ideal investment for both established businesses and startups alike. The latitude and longitude coordinates are 35.6839405 and -105.9436419 respectively. Contact us today to learn more about this exciting opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,523,451
    Hospitality
    $4,143,457
    Educational
    $3,447,308
    Medical
    $3,565,866
    Retail
    $5,362,478
418 Cerrillos Rd, Santa Fe, New Mexico

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.684
Longitude
-105.944
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
$31,601
$349,624
$633,092
$982,716
-
$1,048,874
$1,899,278
$2,948,152

FAQs

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