Flex Space with Office and
For Lease
$3,779/Mo
3205 Mercantile Court, Santa Fe, NM 87507
COMMERCIAL - Santa Fe, NM
Space Size2,926 SF
Lot Size0.31 Acres
Days on Market37
Property Features for 3205 Mercantile Court
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
I-1
Standard status
Active
APN
58101254
Size
2,926 SF
Lot size
0.31 Acres
Utilities
Water source
Public
Building Details
Year built
1998
Listing Agency:
Landseer Management
(505) 313-0099
Listed By:
Brant Goodman · License #16424
(505) 690-7311
Added: Jul 24
Changed: Aug 18
Last Checked: Aug 29 at 11:06AM
MLS# 202603279
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.
Available for lease, this flex-space unit at 3205 Mercantile Court provides 2,926 square feet in a 1998-built commercial property. The layout includes 993 square feet of climate-controlled office area and 1,993 square feet of warehouse space, creating a practical separation between administrative work and storage or operations. The property is zoned I-1 and has public water service.
The suite is located within Richards Avenue Business Park in Santa Fe, NM 87507. Its configuration supports businesses seeking both office and warehouse components within one commercial premises, while the business park setting provides access to local transit corridors. The associated parcel measures 0.31 acres.
The suite is located within Richards Avenue Business Park in Santa Fe, NM 87507. Its configuration supports businesses seeking both office and warehouse components within one commercial premises, while the business park setting provides access to local transit corridors. The associated parcel measures 0.31 acres.
Key Highlights
- 2,926‑square‑foot flex‑space unit with office and warehouse areas
- 993 square feet of climate‑controlled office space
- 1,993‑square‑foot warehouse component
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 87507, NM
51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Casa Nova Custom Catering — 1314 Rufina Cir a7, Santa Fe, NM 87507
- Marigold Kitchen — 1314 Rufina Cir A 3, Santa Fe, NM 87507
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned suite combines climate-controlled offices with dedicated warehouse space for administrative and operational functions.
Where is this flex space located?
The property is located at 3205 Mercantile Court Santa Fe, NM.
What is the lease rate?
The lease rate is $3,779/Mo.
What are key features of this property?
This property features: 2,926‑square‑foot flex‑space unit with office and warehouse areas; 993 square feet of climate‑controlled office space; 1,993‑square‑foot warehouse component
