Professional Office Condominium
3600 Rodeo Lane Santa Fe, NM 87507
New
For Sale
$350,000
SINGLE_FAMILY - Santa Fe, NM
Property Size1,584 SF
Lot Size0.04 Acres
Price / SF$220.96
Days on Market3
Property Features for 3600 Rodeo Lane
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C-1
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 910008924
- Size
- 1,584 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Description
- Per Title Company
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 2004
- Building materials
- Frame
- Roof type
- Flat
Listing Agency:
Barker Realty, LLC
(505) 982-9836
Listed By:
Neda Talebreza · License #50893
(505) 681-3870
Added: Jul 24
Last Checked: Jul 26 at 6:06PM
MLS# 202603063
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 professional office condominium offers a versatile interior layout designed for client-facing and team-based work. The suite includes two private offices, a conference room, and an open collaborative workspace, providing flexibility for a range of professional office uses.
Located at 3600 Rodeo Lane in Santa Fe, the property is positioned just off Rodeo Road and set within a well-maintained office complex. The offering is described as providing convenient access and abundant parking, with close proximity to retail, medical, office, and financial services.
Zoned C-1, this office unit presents an opportunity for ownership of a functional, cleanly maintained workplace within an established area in Santa Fe.
Located at 3600 Rodeo Lane in Santa Fe, the property is positioned just off Rodeo Road and set within a well-maintained office complex. The offering is described as providing convenient access and abundant parking, with close proximity to retail, medical, office, and financial services.
Zoned C-1, this office unit presents an opportunity for ownership of a functional, cleanly maintained workplace within an established area in Santa Fe.
Key Highlights
- Professional office condominium built in 2004 with frame construction and a flat roof
- Public utilities: public water and public sewer
- Parking lot on‑site provides dedicated parking for the office complex
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $25.20 |
| − Vacancy | −$3.4k | −$2.14 |
| EGI | $36.5k | $23.06 |
| − OpEx | −$14.6k | −$9.22 |
| NOI | $21.9k | $13.83 |
1,584 SF · lease $25.20/SF/yr · vacancy 8.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$313.1K
$273.9K – $365.2K
NOI $21,914 @ 7.0% cap · market cap 6.26%
Second Best
Office B
$311.6K
$272.7K – $363.5K
NOI $21,812 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$430.1K
$376.4K – $501.8K
NOI $30,109 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fonseca Dentistry
Dental Office
Jerome D. Buenviaje, ...
Alternative Medicine Practice
Noble & Vrapi PA
Law Firm
China Massage
Alternative Medicine Practice
Target Safe Security ...
Security Service
FAQs
What type of property is this?
Office units - Office condo with two private offices, conference room, and open workspace within a maintained office complex.
Where is this office units located?
The property is located at 3600 Rodeo Lane Santa Fe, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Professional office condominium built in 2004 with frame construction and a flat roof; Public utilities: public water and public sewer; Parking lot on‑site provides dedicated parking for the office complex
