Modern Office Building For
2904 E Rodeo Park Drive, Santa Fe, NM 87505
- Added:
- Mar 13, 2026
- Days on Market:
- 79
- Last Refresh:
- May 30 at 11:06 pm
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 (505) 930-0520
Listing office SF Brown Real Estate 2905 Rodeo Park Drive E #4, Santa Fe, NM (505) 473-7740
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.
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.
- Located in the easily accessible Rodeo Park Commercial Condominium Business Park with ample parking.
- Ideal for creative, tech, marketing, or professional office users.
- Parking lot was resurfaced in 2025.
Overview
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.
Local Financial Insights For Office B
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 | $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
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
NOI $83,977 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
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
Location Insight
- Map
- Local Demand
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Longitude
- -105.9593388
- Latitude
- 35.6379583
Nearby Similar for Sale
FAQs
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.
