Medical Office Building with Treatment
For Sale
$646,000
1313 S St. Francis Drive, Santa Fe, NM 87505
CommercialSale, Santa Fe, NM
Property Size2,153 SF
Lot Size0.13 Acres
Price / SF$300.05
Days on Market59
Property Features for 1313 S St. Francis Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-1
Parking
8
Directions
St. Michaels Drive to St. Francis Drive. North on St. Francis to 1313 S. St. Francis Drive, property on the right.
Standard status
Active
APN
10385792
Size
2,153 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 5 PACHECO ADDN D/B/A ANIMAL WELLNESS CENTER
Tax Annual Amount
3974
Legal Description
LOT 5 PACHECO ADDN D/B/A ANIMAL WELLNESS CENTER
Utilities
Water source
Public
Building Details
Year built
1993
Listing Agency:
Shepler Commercial, LLC
(505) 982-7600
Listed By:
John Shepler · License #8936
(505) 660-5650
Added: Aug 10
Changed: Sep 2
Last Checked: Oct 7 at 9:06AM
MLS# 202603632
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.
Freestanding medical office property containing 2,153 square feet on a 0.13-acre lot, built in 1993. The layout includes a waiting room, reception area, four private offices with windows, three treatment rooms with built-in sinks, a utility room with washer/dryer hookups, and separate men's and women's restrooms. Interior and exterior paint and flooring have been refreshed, and the building has been maintained as a professional office facility.
The property is positioned on S. St. Francis Drive in Santa Fe and is described as highly visible. C-1 zoning is in place, with public water serving the property. Interior walls may be repositioned to accommodate a different configuration. The property is offered for sale and is also available under an NNN lease structure.
The property is positioned on S. St. Francis Drive in Santa Fe and is described as highly visible. C-1 zoning is in place, with public water serving the property. Interior walls may be repositioned to accommodate a different configuration. The property is offered for sale and is also available under an NNN lease structure.
Key Highlights
- 2,153 square feet on a 0.13‑acre lot
- Four private offices, each with windows
- Three treatment rooms with built‑in sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,786
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,720
$595.7K
Cap Rate 7%
$425,514
$425.5K
Cap Rate 9%
$330,956
$331.0K
Market Conditions
NOI Build-Up for 2,153 SF
Gross rent
$54.3K $25.20/SF
− Vacancy
−$4.6K −$2.14/SF
EGI
$49.6K $23.06/SF
− OpEx
−$19.9K −$9.22/SF
NOI
$29.8K $13.83/SF
Area
Santa Fe County, NM
Vacancy
8.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,720
Cap Rate 7%
$425,514
Cap Rate 9%
$330,956
Alternative Uses
Best Use
Healthcare Medical
$425.5K
$372.3K – $496.4K
NOI $29,786 @ 7.0% cap · market cap 4.61%
Second Best
Office B
$423.5K
$370.6K – $494.1K
NOI $29,647 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$584.6K
$511.6K – $682.1K
NOI $40,924 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,458
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87505, NM
32,078
Population
18,733
Households
1.7
Avg Household Size
52
Median Age
54%
College-Educated
94%
High-School Grad
65.1 sq mi
ZIP Area
493
Density / Sq Mi
$75,912
Median Household Income
$41,169
Median Earnings
$1,348
Median Rent
$484,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - C-1-zoned property offers private offices, treatment rooms, and a built-in reception area.
Where is this medical office space located?
The property is located at 1313 S St. Francis Drive Santa Fe, NM.
What is the asking price?
The asking price for this property is $646,000.
What are key features of this property?
This property features: 2,153 square feet on a 0.13‑acre lot; Four private offices, each with windows; Three treatment rooms with built‑in sinks
