Live-Work Space with
901 W San Mateo #G, Santa Fe, NM 87505
For Sale
Contact for pricing
An open-plan layout includes a kitchen, a bathroom with shower, and gas heating.
Property Size800 SF
Price / SF$2.24
Days on Market105
Property Features for 901 W San Mateo #G
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
loft area
gas stove
fridge
sink
shower
gas heater
Building Details
Year Built
Listing Agency:
Landseer Management
(505) 313-0099
Listed By:
Brant Goodman · License NM #16424
(505) 690-7311
Source:
1stclassrealtyofsantafe
Added: Jul 29
Changed: Nov 9
Last Checked: Nov 10 at 4:53AM
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
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Investment Insights
Based on property information with market context.
This 800-square-foot live-work unit has an open layout with concrete floors and a loft. The kitchen includes a gas stove, refrigerator, and sink; the bathroom has a shower. A gas heater provides heat, and the property was built in 2003.
Located at 901 W San Mateo #G in Santa Fe, the space has off-street parking. Midtown Bistro and Iconik Coffee Roasters are nearby.
Located at 901 W San Mateo #G in Santa Fe, the space has off-street parking. Midtown Bistro and Iconik Coffee Roasters are nearby.
Key Highlights
- 800‑square‑foot live‑work unit
- Open layout with concrete floors and a loft
- Kitchen includes a gas stove, refrigerator, and sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,444
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,880
$148.9K
Cap Rate 7%
$106,343
$106.3K
Cap Rate 9%
$82,711
$82.7K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$13.0K $16.20/SF
− Vacancy
−$1.0K −$1.31/SF
EGI
$11.9K $14.89/SF
− OpEx
−$4.5K −$5.58/SF
NOI
$7.4K $9.30/SF
Area
Santa Fe County, NM
Vacancy
8.10%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$148,880
Cap Rate 7%
$106,343
Cap Rate 9%
$82,711
Alternative Uses
Best Use
Office B
$157.4K
$137.7K – $183.6K
NOI $11,016 @ 7.0% cap
Second Best
Mixed Use
$106.3K
$93.1K – $124.1K
NOI $7,444 @ 7.0% cap
Theoretical Best
Office A
$217.2K
$190.1K – $253.4K
NOI $15,206 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,107
Businesses Nearby
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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
$484,100
Median Home Value
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Market
Average Price Trend$/SF for Live-work space in Santa Fe, NM
Properties on Market for Live-work space in Santa Fe
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - An open-plan layout includes a kitchen, a bathroom with shower, and gas heating.
Where is this live-work space located?
The property is located at 901 W San Mateo #G Santa Fe, NM.
What are key features of this property?
This property features: 800‑square‑foot live‑work unit; Open layout with concrete floors and a loft; Kitchen includes a gas stove, refrigerator, and sink
