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    417 E Palace Ave, Unit 15 Santa Fe, NM 87501

    For Sale
    $225,000

    SINGLE_FAMILY - Santa Fe, NM

    Type:Office
    Property size:
    217 SF
    Days on Market:
    141
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 417 E Palace Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    BCD
    APN
    099310337
    Parking features
    Parking Lot, On Street
    Size
    217 SF

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1920
    Flooring type
    Carpet

    Real Estate Advisors, LLC (505) 539-3200

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

    Listing date Jul 18, 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

    Office Condo Near Plaza

    This office condo is a drive-up suite conveniently located within walking distance of the Plaza. The property benefits from newly paved onsite parking and internet fiber service. For business guests, the location is one block from La Posada and two blocks from the Drury Inn. The condominium fees are $244.08 per month. The monthly condominium fees include all property taxes, utilities, internet services, AC/Heating, exterior maintenance, security, and access to a shared professional conference room and kitchen. The unit size is 217 square feet. Janitorial services for individual units are paid for by the owner. The property is located on Palace Avenue in Santa Fe, New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mortgage Partners Mortgage Lender Andrew Hoffman Mortgage Lender Vizzia Technologies Software Company Wander New Mexico ... Tour Operator Gerber & Bateman Lawyer

    Suggested Use

    Restaurant Dental Office Realty agency Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.930463
    Latitude
    35.686195

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    FAQs

    What type of property is this?
    Office space - Office condo in walking distance of the Plaza.
    Where is this office space located?
    The property is located at 417 E Palace Ave, Unit 15 Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Exceptional location on Palace Avenue, walking distance to the Plaza.; - Condominium fees include all property taxes, utilities, internet, AC/Heating, exterior maintenance, security, and access to a shared conference room and kitchen.; - Newly paved onsite parking and internet Fiber service.
    (505) 577-3524
    Request Owner's contact information
    417 E Palace Ave, Unit 15 Santa Fe, NM 87501
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    Santa Fe, NM 87501
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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
    417 E Palace Ave, Unit 15 Santa Fe, NM 87501
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