Commercial General
For Sale
$995,000
27202 E Frontage Rd, Santa Fe, NM 87508
For sale warehouse totaling 6,012 SF on 3.51 acres, zoned CG (Commercial General).
Property Size6,012 SF
Price / SF$165.50
Days on Market186
Property Features for 27202 E Frontage Rd
General Information
Standard status
Active
Size
6,012 SF
Property subtype
Industrial
Zoning
CG
Listing Agency:
Garsa Group
Listed By:
Joel Cumplido · License #51964
(505) 473-3434
Source:
Carnm.resimplifi
Added: Apr 28
Changed: Oct 25
Last Checked: Oct 30 at 10:40AM
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 Garsa Group
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Investment Insights
Based on property information with market context.
Available for sale is a warehouse building totaling 6,012 SF, situated on 3.51 acres at 27202 E Frontage Rd. The property is listed for $995,000.
Zoning is CG, Commercial General, in Santa Fe County. This zoning designation and the combination of building area with a larger land footprint make the site suitable for a range of commercial warehouse uses that align with CG requirements.
Zoning is CG, Commercial General, in Santa Fe County. This zoning designation and the combination of building area with a larger land footprint make the site suitable for a range of commercial warehouse uses that align with CG requirements.
Key Highlights
- Warehouse for sale totaling 6,012 SF
- Sits on 3.51 acres of land
- Zoned CG (Commercial General) in Santa Fe County
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,303
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,060
$726.1K
Cap Rate 7%
$518,614
$518.6K
Cap Rate 9%
$403,367
$403.4K
Market Conditions
NOI Build-Up for 6,012 SF
Gross rent
$46.2K $7.68/SF
− Vacancy
−$3.5K −$0.58/SF
EGI
$42.7K $7.10/SF
− OpEx
−$6.4K −$1.07/SF
NOI
$36.3K $6.04/SF
Area
Santa Fe County, NM
Vacancy
7.50%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,060
Cap Rate 7%
$518,614
Cap Rate 9%
$403,367
Alternative Uses
Best Use
Warehouse
$518.6K
$453.8K – $605.1K
NOI $36,303 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,276 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87508, NM
19,156
Population
7,782
Households
2.5
Avg Household Size
54
Median Age
50%
College-Educated
90%
High-School Grad
169.2 sq mi
ZIP Area
113
Density / Sq Mi
$96,767
Median Household Income
$43,595
Median Earnings
$1,502
Median Rent
$529,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Warehouse - For sale warehouse totaling 6,012 SF on 3.51 acres, zoned CG (Commercial General).
Where is this warehouse located?
The property is located at 27202 E Frontage Rd Santa Fe, NM.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Warehouse for sale totaling 6,012 SF; Sits on 3.51 acres of land; Zoned CG (Commercial General) in Santa Fe County
