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    1220 Mercantile Rd Santa Fe, NM 87507

    New
    For Lease
    $15 SF/Yr ($6,955 /Mo)

    COMMERCIAL - Santa Fe, NM

    Property size:
    5,564 SF
    Lot size:
    3.32 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 1220 Mercantile Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    I-1
    APN
    980000152
    Size
    5,564 SF
    Lot size
    3.32 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1988

    Real Estate Advisors, LLC (505) 539-3200

    Listing agent Tai Bixby (505) 577-3524 License #40315

    Listing date Dec 13, 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

    Santa Fe Industrial Warehouse Space

    This 5,564 square foot freestanding industrial warehouse features 700 square feet of office space and 4,868 square feet of warehouse space. The property is situated on a 0.32 acre lot and includes approximately 14-foot ceiling height in the warehouse area, which offers an open floor plan. There are three 10-foot grade-level doors, drive-in access, and excellent circulation for loading and unloading. The property includes 10 dedicated paved parking spaces and convenient vehicle access. The I-1 zoning and business park covenants allow for light industrial, light manufacturing, distribution, office, fitness, educational, and religious uses. Located in the established Siler-Rufina industrial corridor, one of Santa Fe's most active and in-demand commercial hubs, this well-configured space offers a blend of warehouse, production, and light industrial functionality, making it suitable for a wide range of users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    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

    Trailer Ranch RV Resort, Ponderosa Storage, Global Storage, Duffy’s Self Storage, RightSpace Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.0002752
    Latitude
    35.6551062

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    FAQs

    What type of property is this?
    Warehouse - Versatile industrial warehouse in Santa Fe's active commercial hub.
    Where is this warehouse located?
    The property is located at 1220 Mercantile Rd Santa Fe, NM.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Versatile I-1 zoning allows for a wide range of uses; - Located in the high-demand Siler-Rufina industrial corridor in Santa Fe; - **5,564 SF freestanding industrial warehouse with 700 SF of office space and 4,868 SF of warehouse space**
    (505) 577-3524
    Request Owner's contact information
    1220 Mercantile Rd Santa Fe, NM 87507
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    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
    1220 Mercantile Rd Santa Fe, NM 87507
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