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    403 W Cordova Rd Santa Fe, NM 87505

    For Sale
    $1,350,000

    3,318 SF retail/office building on 0.49 acres.

    Property size:
    3,318 SF
    Lot size:
    0.49 Acres

    Property Features for 403 W Cordova Rd

    General Information

    Size
    3,318 SF
    Lot size
    0.49 Acres

    Source: Phase One Realty Agent Aaron Romero

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

    Overview

    Retail/Office Building with Drive-Thru

    This 3,318 square foot retail/office building is situated on a 0.49-acre lot at the hard corner of West Cordova Road and Don Diego Avenue. Zoned C-2, the property formerly operated as a bank and features 6 drive-thru lanes. The location benefits from high traffic volume.
    Insight Report Location Intelligence

    Current Use by Public Records

    R GREENLEAF Santa ... Cannabis Store R. GREENLEAF Dispensary ... Cannabis Store R. Greenleaf Med ... Cannabis Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -105.9491177
    Latitude
    35.6724415

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    FAQs

    What type of property is this?
    Bank - 3,318 SF retail/office building on 0.49 acres.
    Where is this bank located?
    The property is located at 403 W Cordova Rd Santa Fe, NM.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - High traffic hard corner location at West Cordova Road and Don Diego Avenue.; - 3,318 SF retail/office building.; - Zoned C-2.
    (303) 727-0718
    Request Owner's contact information
    403 W Cordova Rd 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
    403 W Cordova Rd Santa Fe, NM 87505
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