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Property profile & analytics
OFF-MARKET
Office Spaces

5 Santa Fe Nm 87508 Santa Fe, NM 87508

1,200 SF Built 2004
Property ID
Property summary
AI-generated overview

This 1,200-square-foot Class B office condo in Santa Fe, New Mexico, is offered at $265,000 ($220.83/sq ft). Built in 2004, this single-story property is located at 5 Caliente Rd., Suite 3, Santa Fe, NM 87508, within the Eldorado commercial area and zoned for Commercial Neighborhood use in Santa Fe County. The unit features a functional layout including four offices, an ADA-compliant restroom, a breakroom, and a reception area. A current tenant occupies the space under a one-year lease, providing immediate income potential. The condo boasts convenient amenities such as two designated parking spaces in front, plus additional non-designated parking in the rear. The building is fully sprinklered, and the unit includes Cat5e wiring in each office. Monthly condo owner association dues are $398.76. Suitable for various professional uses, including medical, institutional, non-profit, and general office settings. This presents a compelling opportunity for investors seeking a stable, income-generating property in a desirable Santa Fe location.

Property profile
Verified
Property type Office Spaces
Year built 2004
Total area 1,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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