Flex Space with Warehouse
For Sale
Contact for pricing
2500 Camino Entrada #A, Santa Fe, NM 87507
A combined office and warehouse layout includes dedicated work areas and overhead loading access.
Property Size3,000 SF
Price / SF$0.01
Days on Market44
Property Features for 2500 Camino Entrada #A
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Office
Additional Details
Property Use
Office, Warehouse
Amenities
reception area
six private offices
central work area
conference/meeting room
kitchenette/break room
storage
multiple restrooms
two warehouse areas
10-foot overhead roll-up door
high ceilings
abundant overhead lighting
Building Details
Year Built
1998
Listing Agency:
Sotheby's Int. RE - Railyard
(505) 982-9836
Listed By:
Cozette E. Hansen · License #49928
(505) 399-0538
Source:
1stclassrealtyofsantafe
Added: Sep 17
Changed: Oct 30
Last Checked: Oct 30 at 2:20PM
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 Sotheby's Int. RE - Railyard
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Investment Insights
Based on property information with market context.
This 3,000-square-foot flex property, built in 1998, combines office and warehouse components. The office layout includes a reception area, six private offices, a central work area, a meeting room, kitchenette, storage, and multiple restrooms. Two separate warehouse areas provide additional operational or storage space, with a 10-foot overhead door for loading. High ceilings and overhead lighting serve the workspace.
Key Highlights
- 3,000 square feet of flex space
- Six private offices, reception area, central work area, and meeting room
- Two warehouse areas with a 10‑foot overhead door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,918
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,360
$298.4K
Cap Rate 7%
$213,114
$213.1K
Cap Rate 9%
$165,756
$165.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$23.0K $7.68/SF
− Vacancy
−$1.7K −$0.58/SF
EGI
$21.3K $7.10/SF
− OpEx
−$6.4K −$2.13/SF
NOI
$14.9K $4.97/SF
Area
Santa Fe County, NM
Vacancy
7.50%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,360
Cap Rate 7%
$213,114
Cap Rate 9%
$165,756
Alternative Uses
Best Use
Office B
$590.1K
$516.4K – $688.5K
NOI $41,310 @ 7.0% cap · market cap 243,000.00%
Second Best
Flex RnD
$451.3K
$394.9K – $526.5K
NOI $31,590 @ 7.0% cap · market cap 185,823.53%
Theoretical Best
Office A
$814.6K
$712.8K – $950.4K
NOI $57,024 @ 7.0% cap · market cap 335,435.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 87507, NM
51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - A combined office and warehouse layout includes dedicated work areas and overhead loading access.
Where is this flex space located?
The property is located at 2500 Camino Entrada #A Santa Fe, NM.
What are key features of this property?
This property features: 3,000 square feet of flex space; Six private offices, reception area, central work area, and meeting room; Two warehouse areas with a 10‑foot overhead door
