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    431 Saint Michaels Dr Santa Fe, NM 87505

    For Lease
    $1,900 /Mo ($15 SF/Yr)

    COMMERCIAL - Santa Fe, NM

    Type:Office
    Property size:
    1,500 SF
    Lot size:
    0.50 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 431 Saint Michaels Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    C-1
    APN
    099306639
    Size
    1,500 SF
    Lot size
    0.50 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1989

    Varela Real Estate, Inc. (505) 982-2525

    Listing agent Phillip Varela License #18075

    Listing date Oct 23, 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 Office Space Available

    This versatile office space, encompassing approximately 1,500 square feet, is situated in a highly visible location in Santa Fe. Zoned C-1, the property is located in a prime midtown area on high-traffic St Michaels Drive, offering excellent visibility and accessibility. Its location provides close proximity to Christus St. Vincent, Santa Fe University of Art and Design, and major commercial corridors. The space is well-suited for a range of professional tenants seeking convenience, functionality, and a central address. It is ideal for professional services, medical, creative, or administrative uses. The property features multiple private offices, open work areas, a reception and waiting area, and ADA-compliant restrooms. Abundant natural light fills the space, which is nicely landscaped. Easy access from St Michaels Drive and ample parking in a private lot are available. The exterior facade presents a professional appearance. Monument and building signage options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store 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
    -105.9420126
    Latitude
    35.6565967

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    FAQs

    What type of property is this?
    Office space - Highly visible Santa Fe office space suitable for various professional tenants.
    Where is this office space located?
    The property is located at 431 Saint Michaels Dr 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: - Prime midtown location on high-traffic St Michaels Drive with excellent visibility and accessibility.; - Versatile +/-1,500 SF C-1 zoned office space suitable for a range of professional uses.; - Ample parking in private lot.
    (505) 982-2525
    Request Owner's contact information
    431 Saint Michaels Dr Santa Fe, NM 87505
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    Santa Fe, NM 87505
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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
    431 Saint Michaels Dr Santa Fe, NM 87505
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