Adaptable Office-Warehouse Flex
For Lease
$5,492/Mo
3209 Mercantile Court, Santa Fe, NM 87507
CommercialLease, Santa Fe, NM
Space Size4,252 SF
Lot Size0.33 Acres
Days on Market52
Property Features for 3209 Mercantile Court
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
C-1
Standard status
Active
APN
980000146
Size
4,252 SF
Lot size
0.33 Acres
Utilities
Water source
Public
Building Details
Year built
1999
Listing Agency:
Landseer Management
(505) 313-0099
Listed By:
Brant Goodman · License #16424
(505) 690-7311
Added: Aug 17
Changed: Sep 5
Last Checked: Oct 7 at 1:06AM
MLS# 202603604
Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,252-square-foot flex space at Richards Avenue Business Park combines office and warehouse functions within a single tenancy. The current layout includes approximately 3,640 square feet of office area and 612 square feet of warehouse space, with the configuration subject to adjustment before occupancy. The property can support administrative, client-facing, inventory, light manufacturing, or distribution functions as reflected in the planned office-to-warehouse arrangement.
Located in Santa Fe’s established Richards Avenue industrial corridor, the property offers direct access to major transportation and transit routes. The site encompasses 0.33 acres, was built in 1999, and is served by public water. C-1 zoning applies.
Located in Santa Fe’s established Richards Avenue industrial corridor, the property offers direct access to major transportation and transit routes. The site encompasses 0.33 acres, was built in 1999, and is served by public water. C-1 zoning applies.
Key Highlights
- 4,252 SF office/warehouse configuration
- Approximately 3,640 SF of office and 612 SF of warehouse space
- Office‑to‑warehouse ratio can be reconfigured before occupancy
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,072
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
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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 - Office and warehouse areas can be reconfigured to support changing operational requirements before occupancy.
Where is this flex space located?
The property is located at 3209 Mercantile Court Santa Fe, NM.
What is the lease rate?
The lease rate is $5,492/Mo.
What are key features of this property?
This property features: 4,252 SF office/warehouse configuration; Approximately 3,640 SF of office and 612 SF of warehouse space; Office‑to‑warehouse ratio can be reconfigured before occupancy
