Professional Office
For Sale
Contact for pricing
3600 Rodeo #C3, Santa Fe, NM 87507
A flexible interior combines private offices, meeting space, open work areas, and reception functions.
Property Size1,600 SF
Price / SF$2.00
Days on Market53
Property Features for 3600 Rodeo #C3
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Building Details
Year Built
2004
Listing Agency:
Red Sky Realty
(505) 247-3414
Listed By:
Gregory Kantor · License #REC20240763
(602) 618-2055
Source:
1stclassrealtyofsantafe
Added: Sep 14
Changed: Nov 5
Last Checked: Nov 5 at 4:32AM
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 Red Sky Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,600-square-foot office suite at 3600 Rodeo #C3 includes private offices, open work areas, built-in workstations, a conference room, and reception and administrative space. Natural light and wood trim are present throughout, and the suite has a large ADA-accessible restroom. The building dates to 2004.
The Santa Fe address is in the Rodeo Road commercial corridor, with access to Cerrillos Road, St. Francis Drive, and Interstate 25. Nearby commercial and service destinations include Santa Fe Place, retailers, healthcare providers, financial institutions, government offices, restaurants, and other businesses.
The Santa Fe address is in the Rodeo Road commercial corridor, with access to Cerrillos Road, St. Francis Drive, and Interstate 25. Nearby commercial and service destinations include Santa Fe Place, retailers, healthcare providers, financial institutions, government offices, restaurants, and other businesses.
Key Highlights
- 1,600‑square‑foot office suite
- Private offices, open work areas, built‑in workstations, and conference room
- Large ADA‑accessible restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,032
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,640
$440.6K
Cap Rate 7%
$314,743
$314.7K
Cap Rate 9%
$244,800
$244.8K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$34.6K $21.60/SF
− Vacancy
−$5.2K −$3.24/SF
EGI
$29.4K $18.36/SF
− OpEx
−$7.3K −$4.59/SF
NOI
$22.0K $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%
$440,640
Cap Rate 7%
$314,743
Cap Rate 9%
$244,800
Alternative Uses
Best Use
Office B
$314.7K
$275.4K – $367.2K
NOI $22,032 @ 7.0% cap · market cap 688.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,413 @ 7.0% cap · market cap 950.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible interior combines private offices, meeting space, open work areas, and reception functions.
Where is this office unit located?
The property is located at 3600 Rodeo #C3 Santa Fe, NM.
What are key features of this property?
This property features: 1,600‑square‑foot office suite; Private offices, open work areas, built‑in workstations, and conference room; Large ADA‑accessible restroom
