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    Santa Fe Warehouse with Showroom Title is generated by Realmo AI

    1127 SILER PARK Lane, Santa Fe, NM 87507

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    For Sale
    $4,200,000

    26,860 SF warehouse with showroom on 2.5 acres.

    Type:Commercial/Industrial
    Property size:
    26,860 SF
    Lot size:
    2.51 Acres
    Price / SF:
    $156/SF
    Added:
    Jan 18, 2024
    Days on Market:
    879
    Last Refresh:
    May 19 at 9:41 pm

    Property Features for 1127 SILER PARK Lane

    General Information

    Standard status
    Active
    Size
    26,860 SF
    Lot size
    2.51 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Jasmine Sage

    Listing agent Jasmine Sage License #53297

    Listing office Keller Williams Realty

    Listing date Jan 18, 2024

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

    HighLights

    • Large 26,860 sq ft warehouse on 2.5 acres of industrial‑zoned land.
    • High power capacity with 5 transformers.
    • Competitively priced at $160 per square foot.
    • Approximately 4,000 sq ft of showroom space.
    • Brand‑new roof recently installed.
    • Located in Santa Fe.

    Overview

    Located on Siler Park Lane in Santa Fe, this 26,860 square foot warehouse is situated on 2.5 acres of industrial-zoned land. The property includes approximately 4,000 square feet of showroom space suitable for various uses. The building is currently home to Prescott Studios. The warehouse features a new roof and is equipped with 5 transformers, providing substantial power capacity for industries or businesses with high energy demands. This property offers an investment opportunity in Santa Fe.

    Local Financial Insights For Retail

    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 $531.8k $19.80
    − Vacancy −$45.2k −$1.68
    EGI $486.6k $18.12
    − OpEx −$146.0k −$5.44
    NOI $340.6k $12.68
    26,860 SF · lease $19.80/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.87M
    $4.26M – $5.68M (±1% cap)
    NOI $340,636 @ 7.0% cap · market cap 8.11%
    Second Best
    Warehouse
    $2.32M
    $2.03M – $2.70M (±1% cap)
    NOI $162,191 @ 7.0% cap · market cap 3.86%
    Theoretical Best
    Office A
    $7.29M
    $6.38M – $8.51M (±1% cap)
    NOI $510,555 @ 7.0% cap · market cap 12.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Prescott Gallery & Sculpture ... Art Gallery Taqueria Mi Lagunita Restaurant All Powder Coating ... Sandblasting Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Ponderosa Storage — 1314 Rufina Cir, Santa Fe, NM 87507
    • Santa Fe Self Storage — 3064 Agua Fria St, Santa Fe, NM 87507
    • A-Poco Self Storage — 2235 henry lynch rd, santa fe, nm 87507
    • Wilson Storage Trailer Leasing — 2902 A Rufina St, Santa Fe, NM 87505
    • Document Imaging, Shredding and Records Storage — 2351 fox rd ste 1200, santa fe, nm 87507

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.996
    Latitude
    35.6631

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    FAQs

    What type of property is this?
    Warehouse - 26,860 SF warehouse with showroom on 2.5 acres.
    Where is this warehouse located?
    The property is located at 1127 SILER PARK Lane Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: Large 26,860 sq ft warehouse on 2.5 acres of industrial‑zoned land.; High power capacity with **5 transformers**.; Competitively priced at $160 per square foot.
    (505) 310-5566
    We can help!
    Listing Contact
    Jasmine Sage
    Real Estate License ID: 53297
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