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    1189 Parkway Dr, Unit D2 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:
    73
    Last Refresh:
    Dec 7 at 4:06 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-Use Condominium

    The Studios at Parkway Phase 2, currently under construction, is a commercial, industrial, and flex-use condominium development located in Santa Fe's Siler/Rufina Warehouse, Art & Innovation District. Designed with an industrial aesthetic, the studios offer open, light-filled spaces with contemporary touches. Each unit spans nearly 1,677 square feet, including 1,587 square feet of interior space, and features tall ceilings, large aluminum glass roll-up garage doors, expansive storefront windows, and finished concrete floors. The interior includes LED lighting, handcrafted steel staircases with wood treads, and smooth drywall finishes. The ground floor encompasses 1,092 square feet, while the second story adds 584 square feet. These units are designed with flexibility in mind, with an option for Live-Work as an accessory to commercial use. Each unit has separately metered utilities, kitchen-ready hookups, a designated area for a shower, and thoughtfully landscaped grounds tailored for shipping and receiving. Zoned I-1, these condominiums are suitable for a range of uses, from offices, galleries, and artist studios to warehouses, wellness businesses, and light industry. The roof is prepared for solar PV installation, and the property is located in a Federal Opportunity Zone. 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 - Under construction commercial condominium in Santa Fe's Siler/Rufina District.
    Where is this flex space located?
    The property is located at 1189 Parkway Dr, Unit D2 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 construction in Santa Fe's Siler/Rufina Art & Innovation District, offering commercial, industrial, and flex-use space.; - Flexible design with Live-Work option, kitchen-ready hookups, shower area, and suitability for diverse uses thanks to I-1 zoning.; - **Nearly 1,677 sq ft units with tall ceilings, large roll-up garage doors, and expansive storefront windows providing open, light-filled spaces.**
    (505) 670-7578
    Request Owner's contact information
    1189 Parkway Dr, Unit D2 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 D2 Santa Fe, NM 87507
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