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    1189 Parkway Dr, Unit A2 Santa Fe, NM 87507

    For Sale
    $525,000

    SINGLE_FAMILY - Santa Fe, NM

    Type:Retail
    Property size:
    1,587 SF
    Lot size:
    0.04 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 1189 Parkway Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    I-1
    APN
    99312398
    Parking features
    Parking Lot
    Size
    1,587 SF
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    2025
    Flooring type
    Concrete
    Building materials
    MetalSiding
    Roof type
    Metal

    Keller Williams Realty (505) 983-5151 [email protected]

    Listing agent Leslie Gallatin-Giorgetti (505) 670-7578 License #47708

    Listing date Sep 26, 2025

    Copyright © 2025 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.

    Overview

    New Santa Fe Flex Condominium

    The Studios at Parkway is a commercial, industrial, and flex-use condominium development located in the Warehouse and Arts District of Siler/Rufina in Santa Fe. The community will consist of 29 units, with Phase II's 14 units scheduled for completion in Spring 2026. The property is already home to businesses including Wild Leaven, F1 Cyclery, and 2Faded Barbershop. The metal buildings feature an industrial aesthetic and contemporary design. Each unit offers 1,677 heated square feet with 24-foot ceilings, storefront windows, and roll-up aluminum glass garage doors. Interior finishes include polished concrete floors, LED lighting, smooth drywall, and steel staircases with oak treads. Provisions are stubbed for kitchens and showers. Wide sidewalks allow for seating, shipping, and receiving, and landscaped grounds create an inviting atmosphere. Zoned I-1, the property accommodates a range of uses, from offices and galleries to light industry, wellness studios, and artisan workshops. The property has solar-ready rooftops and is located within a Federal Opportunity Zone. Multiple units can be combined for larger spaces. The lot size is 0.04 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Marigold Kitchen, Casa Nova Custom Catering

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.998842
    Latitude
    35.658582

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    FAQs

    What type of property is this?
    Flex space - New commercial, industrial, and flex-use condominium development in Santa Fe.
    Where is this flex space located?
    The property is located at 1189 Parkway Dr, Unit A2 Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - New commercial/industrial/flex-use condominiums in Santa Fe's Warehouse and Arts District.; - Units offer 1,677 sq ft with **24-foot ceilings, storefront windows, and roll-up garage doors.**; - Flexible I-1 zoning allows for a wide range of business types (offices, galleries, light industry, etc.).
    (505) 670-7578
    Request Owner's contact information
    1189 Parkway Dr, Unit A2 Santa Fe, NM 87507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1189 Parkway Dr, Unit A2 Santa Fe, NM 87507
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