Medical Office Suite with Private
For Sale
Contact for pricing
2213 Brothers Road #700, Santa Fe, NM 87505
A kitchenette, private restroom, and reception area round out the suite’s professional layout.
Property Size795 SF
Price / SF$1.89
Days on Market380
Property Features for 2213 Brothers Road #700
General Information
Standard status
Active
Size
795 SF
Property subtype
Office
Additional Details
Property Use
Medical Office
Amenities
private bathroom
two private offices
kitchenette
reception and waiting room
Building Details
Year Built
1985
Listing Agency:
SF Brown Real Estate
(505) 473-7740
Listed By:
Julia Bertram · License #REC20220258
(505) 795-9270
Source:
1stclassrealtyofsantafe
Added: Oct 22, 2025
Changed: Nov 4
Last Checked: Nov 5 at 4:31AM
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 SF Brown Real Estate
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Investment Insights
Based on property information with market context.
This 795-square-foot medical office condominium at 2213 Brothers Road, Suite 700, in Santa Fe has two private offices, a restroom, and a kitchenette. The floor plan also includes space for reception and a waiting area. The building dates to 1985.
Parking is available on site.
Parking is available on site.
Key Highlights
- 795‑square‑foot medical office condominium
- Two private offices, restroom, and kitchenette
- Reception and waiting area space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,947
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,940
$218.9K
Cap Rate 7%
$156,386
$156.4K
Cap Rate 9%
$121,633
$121.6K
Market Conditions
NOI Build-Up for 795 SF
Gross rent
$17.2K $21.60/SF
− Vacancy
−$2.6K −$3.24/SF
EGI
$14.6K $18.36/SF
− OpEx
−$3.6K −$4.59/SF
NOI
$10.9K $13.77/SF
Area
Santa Fe County, NM
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,940
Cap Rate 7%
$156,386
Cap Rate 9%
$121,633
Alternative Uses
Best Use
Healthcare Medical
$157.1K
$137.5K – $183.3K
NOI $10,999 @ 7.0% cap · market cap 733.27%
Second Best
Office B
$156.4K
$136.8K – $182.5K
NOI $10,947 @ 7.0% cap · market cap 729.80%
Theoretical Best
Office A
$215.9K
$188.9K – $251.9K
NOI $15,111 @ 7.0% cap · market cap 1,007.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
Balanced
Demand for This Use
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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 - A kitchenette, private restroom, and reception area round out the suite’s professional layout.
Where is this medical office space located?
The property is located at 2213 Brothers Road #700 Santa Fe, NM.
What are key features of this property?
This property features: 795‑square‑foot medical office condominium; Two private offices, restroom, and kitchenette; Reception and waiting area space
