Santa Fe Warehouse on 2.5
For Sale
$4,200,000
1127 SILER PARK Lane, Santa Fe, NM 87507
SINGLE_FAMILY - Santa Fe, NM
Property Size26,860 SF
Lot Size2.51 Acres
Price / SF$156.37
Days on Market925
Property Features for 1127 SILER PARK Lane
General Information
Property type
Residential
Property subtype
Retail
Zoning
I-2
Zoning description
I2 General Industrial
Standard status
Active
APN
10514578
Size
26,860 SF
Lot size
2.51 Acres
Taxes and HOA fees
Tax Description
T17N R 9E S33 2.0373 AC D278 P727-750
Legal Description
T17N R 9E S33 2.0373 AC D278 P727-750
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1985
Listing Agency:
Keller Williams Realty
(505) 983-5151
Listed By:
Jasmine Sage · License #53297
(808) 359-4577
Added: Jan 18, 2024
Changed: May 27
Last Checked: Jul 31 at 12:06AM
MLS# 202400160
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.
Investment Insights
Based on property information with market context.
Located on Siler Park Lane in Santa Fe, this 26,860 square foot warehouse is situated on 2.5 acres of industrial-zoned land. The property includes approximately 4,000 square feet of showroom space, suitable for various uses. The building has a new roof. The warehouse is equipped with 5 transformers, providing power capacity for industries or businesses requiring high energy output. The property is zoned I-2.
Key Highlights
- Large 26,860 sq ft warehouse on 2.5 acres of industrial‑zoned land.
- Exceptional power capacity with 5 transformers.
- Competitively priced at $160 per square foot.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $531.8k | $19.80 |
| − Vacancy | −$45.2k | −$1.68 |
| EGI | $486.6k | $18.12 |
| − OpEx | −$146.0k | −$5.44 |
| NOI | $340.6k | $12.68 |
26,860 SF · lease $19.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.87M
$4.26M – $5.68M
NOI $340,636 @ 7.0% cap · market cap 8.11%
Second Best
Warehouse
$2.32M
$2.03M – $2.70M
NOI $162,191 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$7.29M
$6.38M – $8.51M
NOI $510,555 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
898
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87507, NM
51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 26,860 SF warehouse on 2.5 acres in Santa Fe.
Where is this warehouse located?
The property is located at 1127 SILER PARK Lane Santa Fe, NM.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Large 26,860 sq ft warehouse on 2.5 acres of industrial‑zoned land.; Exceptional power capacity with 5 transformers.; Competitively priced at $160 per square foot.
