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Investment Highlights

  • Located within a federally designated Opportunity Zone, offering significant capital gains tax deferral and elimination benefits for investors
  • 104-key hotel positioned on Cerrillos Rd, Santa Fe's primary commercial corridor with consistent leisure and government-related travel demand
  • Attractive basis relative to replacement cost for a Santa Fe hospitality asset of this scale

Executive Summary

104-key hotel located on Santa Fe's primary commercial corridor connecting downtown to I-25. Situated within a federally designated Opportunity Zone, offering significant tax advantages for qualified investors. General Commercial (C2) zoning permits a broad range of uses and future repositioning. 1.57-acre site with room for expansion or outparcel development. Limited new hotel supply in this submarket. Financials available to qualified buyers upon execution of a confidentiality agreement.

Property Facts

Price $6,000,000
Price Per Room $58,824
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.05 AC
Building Size 27,420 SF
No. Rooms 102
No. Stories 2
Year Built/Renovated 1974/2015
Parking Ratio 0.98/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning HC

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 102 $100.00 -
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
011144832
Land Assessment
$996,432
Improvements Assessment
$0
Total Assessment
$996,432
  • Listing ID: 41062987

  • Date on Market: 6/25/2026

  • Last Updated:

  • Address: 3007 Cerrillos Rd, Santa Fe, NM 87507

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