# 3600 Cerrillos Road, Santa Fe, NM 87507

> **TL;DR:** commercial, $261,000 ($196/sqft), built 1995, 1,332 sqft. Est. $1,131/mo. Listed 223 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $261,000 |
| Price/sqft | $196 |
| Square Feet | 1,332 |
| Year Built | 1995 |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 223 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,131 |
| **Total** | **$1,131** |

## Property Highlights

- Built in 1995

## Description

### Agent Description
The Lofts in Santa Fe has always been a desirable spot for the Live/Work model, if fact it was conceived for that purpose. As it has matured, the Cerrillos Lofts has a mix of Live/Work, residential, and commercial investment spaces. This ground floor unit has been investment real estate for the current owner. It is currently occupied by four tenants, each of whom have their own office. Current NOI is roughly $12,263.00 plus utilities. Market info would suggest that each office should lease for about $600 per month, minimum.$28,800 - $10,537 (Taxes, Insurance , and HOA) in expenses with a 7% CAP rate yields approximately $261,000 The leases now are basically on a month to month so a new owner could vacate the current tenants and use it for themselves, should they so desire. It is an end-cap Unit which is nice. The Cerrillos Lofts has ample parking throughout!

## Location

- **Address:** 3600 Cerrillos Road, Santa Fe, NM 87507
- **County:** Santa Fe
- **Neighborhood:** Lofts at Cerrillos
- **Coordinates:** 35.6431067, -106.0071184
- **Google Maps:** https://www.google.com/maps?q=35.6431067,-106.0071184

## Listing Agent

- **Name:** John Shepler
- **Brokerage:** Shepler Commercial, LLC
- **Phone:** 5056605650
- **Email:** jshepler@sheplercommercial.com

## Primary Photo

![3600 Cerrillos Road - Primary Photo](http://lh.rdcpix.com/425c107022a187b75d1d438625a5af33l-f2933044782r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/3600-cerrillos-road-santa-fe-nm-87507-02503491)*

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**MLS#:** 202503491 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3600-cerrillos-road-santa-fe-nm-87507-02503491)

---

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