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Flex Space with Office and Warehouse
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3209 Mercantile Court, Santa Fe, NM 87507

Single-tenancy property combines administrative space with dedicated warehouse capacity in an established business park.

Property Size4,252 SF
Price / SF$1.29
Days on Market9

Property Features for 3209 Mercantile Court

General Information

Standard status Active
Size 4,252 SF

Warehouse & Industrial

Warehouse Space 612 SF
Office Build-Out 3,640 SF

Additional Details

Public Transit Yes
Office Units 1

Building Details

Tenancy Single
Listing Agency: Landseer Management
Listed By: Brant Goodman · License #16424
Source: Wesellsantafe
Added: Aug 21 Changed: Aug 28 Last Checked: Aug 28 at 11:47AM

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 Landseer Management

Investment Insights

Based on property information with market context.

This flex property provides 4,252 square feet in a single-tenancy configuration, with approximately 3,640 square feet of office area and 612 square feet of warehouse space. The layout supports a combination of administrative, client-facing, inventory, light manufacturing, or distribution functions.

The property is located at 3209 Mercantile Court in Santa Fe’s Richards Avenue industrial corridor. It is positioned within a business park with direct access to major transportation and transit routes, connecting the space to the broader commercial network.

Key Highlights

  • 4,252 SF flex property with approximately 3,640 SF of office and 612 SF of warehouse space
  • Single‑tenancy configuration
  • Located in Richards Avenue’s established industrial corridor

Property Analytics

Current Use

Santa Fe Landscapes ... Garden Center D'Angelico Enterprises, Inc. General Contractor RME Santa Fe ... Civil Engineer

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Barber Shop Skin Care Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,072
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Casa Nova Custom Catering 1314 Rufina Cir a7, Santa Fe, NM 87507
  • Marigold Kitchen 1314 Rufina Cir A 3, Santa Fe, NM 87507

Frequently Asked Questions

What type of property is this?
Flex space - Single-tenancy property combines administrative space with dedicated warehouse capacity in an established business park.
Where is this flex space located?
The property is located at 3209 Mercantile Court Santa Fe, NM.
What are key features of this property?
This property features: 4,252 SF flex property with approximately 3,640 SF of office and 612 SF of warehouse space; Single‑tenancy configuration; Located in Richards Avenue’s established industrial corridor
More about this property
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