Office Suite with Private
For Sale
Contact for pricing
2945 Rodeo Park East #6B, Santa Fe, NM 87505
A reception area, private offices, and an individual entrance support a range of professional workspace needs.
Property Size1,254 SF
Price / SF$1.67
Days on Market500
Property Features for 2945 Rodeo Park East #6B
General Information
Standard status
Active
Size
1,254 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Amenities
reception and waiting area
natural light
private entrance and lobby
Building Details
Year Built
2003
Buildings
1
Stories
2
Listing Agency:
Barker Realty, LLC
(505) 982-9836
Listed By:
Neda Talebreza · License #50893
(505) 681-3870
Source:
1stclassrealtyofsantafe
Added: Jun 24, 2025
Changed: Nov 5
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 Barker Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,254-square-foot office suite is in a two-story building constructed in 2003. Its layout includes a reception and waiting area, private offices, and multiple windows. The suite also has its own entrance and lobby. Dedicated street-level parking is available at the property.
At 2945 Rodeo Park East #6B in Santa Fe, the office is near I-25 and the Rail Runner. The suite is offered for sale.
At 2945 Rodeo Park East #6B in Santa Fe, the office is near I-25 and the Rail Runner. The suite is offered for sale.
Key Highlights
- 1,254‑square‑foot office suite
- Private entrance and lobby for the suite
- Reception and waiting area plus private offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,268
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,360
$345.4K
Cap Rate 7%
$246,686
$246.7K
Cap Rate 9%
$191,867
$191.9K
Market Conditions
NOI Build-Up for 1,254 SF
Gross rent
$27.1K $21.60/SF
− Vacancy
−$4.1K −$3.24/SF
EGI
$23.0K $18.36/SF
− OpEx
−$5.8K −$4.59/SF
NOI
$17.3K $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%
$345,360
Cap Rate 7%
$246,686
Cap Rate 9%
$191,867
Alternative Uses
Best Use
Office B
$246.7K
$215.9K – $287.8K
NOI $17,268 @ 7.0% cap · market cap 826.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.5K
$298.0K – $397.3K
NOI $23,836 @ 7.0% cap · market cap 1,140.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, private offices, and an individual entrance support a range of professional workspace needs.
Where is this office unit located?
The property is located at 2945 Rodeo Park East #6B Santa Fe, NM.
What are key features of this property?
This property features: 1,254‑square‑foot office suite; Private entrance and lobby for the suite; Reception and waiting area plus private offices
