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Modern Office Building For Sale

2904 E Rodeo Park Drive Santa Fe, NM 87505

2904 E Rodeo Park Drive, Santa Fe, NM, 87505

$995,000

Pending

For Sale

$995,000

Pending

SINGLE_FAMILY - Santa Fe, NM

Property Size4,418 SF

Lot Size1.41 Acres

AddedMar 13

Days on Market125

Last RefreshJul 15 at 3:06 am

Property Features for 2904 E Rodeo Park Drive

General Information

Property type: Residential
Property subtype: Office
Zoning: BIP
Parking: 17
Parking features: Parking Lot
Standard status: Pending
APN: 910003924
Size: 4,418 SF
Lot size: 1.41 Acres

Taxes and HOA fees

Tax Description: RODEO PARK COMM CONDOS UNIT 4 T16N R 9E S11 1.410 A
Tax Annual Amount: 2839

Utilities

Water source: Public

Building Details

Year built: 2002
Building materials: Frame

Listing agent Alicia Bertram License #48316

Listing office SF Brown Real Estate 2905 Rodeo Park Drive E #4, Santa Fe, NM

Listing date Mar 13, 2026

MLS# 202600984

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.

This standalone, single-level office building is available for sale. The interior features a modern design intended to create a strong first impression. The space includes a reception area with polished concrete floors, exposed structural ceilings, and contemporary lighting. The layout incorporates a curved reception desk, collaborative meeting spaces, a kitchen, a conference room, and private offices. The design blends reception, private offices, and open workspace areas, enhanced by design accents and natural light. The suite offers ADA-accessible entry and ground-floor access. It is located in the Rodeo Park Commercial Condominium Business Park. The property is suitable for creative, tech, marketing, or professional office users. There is ample parking available. The property is currently owner-occupied. Condo dues are $2,048.18 per quarter and cover exterior maintenance, master insurance, refuse, and parking lot upkeep. The owner is responsible for their own roof, stucco, and HVAC maintenance. The parking lot was resurfaced in 2025. The lot size is 1.41 acres and the property size is 4,418 square feet.

Key Highlights

Modern, stylish interior with polished concrete floors and exposed ceilings.
Functional layout featuring a reception area, private offices, collaborative spaces, kitchen, and conference room.
ADA‑accessible entry and convenient ground‑floor access.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$95.4k	$21.60
− Vacancy	−$14.3k	−$3.24
EGI	$81.1k	$18.36
− OpEx	−$20.3k	−$4.59
NOI	$60.8k	$13.77

4,418 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$869.1K

$760.5K – $1.01M (±1% cap)

NOI $60,836 @ 7.0% cap · market cap 6.11%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $83,977 @ 7.0% cap · market cap 8.44%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dr. Tom Ashbrook, ... Dental Office Cisneros Design Inc Marketing & Advertising Nephrology, LLC Medical Clinic Nephrophiles, Llc Physician Souder Miller & Associates ... General Contractor

Suggested Use

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For sale
Office buildings
NM
Santa Fe
87505
2904 E Rodeo Park Drive

What type of property is this?

Office building - Standalone office with modern interior, ideal for creative professionals.

Where is this office building located?

The property is located at 2904 E Rodeo Park Drive Santa Fe, NM.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Modern, stylish interior with polished concrete floors and exposed ceilings.; Functional layout featuring a reception area, private offices, collaborative spaces, kitchen, and conference room.; ADA‑accessible entry and convenient ground‑floor access.

2904 E Rodeo Park Drive Santa Fe, NM 87505

SINGLE_FAMILY - Santa Fe, NM

Property Features for 2904 E Rodeo Park Drive

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Live-Work Commercial Building

Turnkey Restaurant Space on Cerrillos Rd

Santa Fe Office/Research Facility

Medical Office Park at Hospital Campus

Class A Office Building

Five-Unit Retail Strip Mall

Mixed-Use Restaurant and Office Building

Four-Unit Detached Income Property

Downtown Office Building with Leased Restaurant

Freestanding Commercial Building on Cerrillos

Santa Fe Redevelopment Opportunity

Freestanding Office Building with Parking

FAQs