Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4 Camino Charro Santa Fe, NM 87507
    Back to Search
    Property profile & analytics

    4 Camino Charro, Santa Fe, NM 87507

    View on Map
    • Residential income homes
    • 6,460 SF
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residential income homes

    Property Details for 4 Camino Charro

    Lot size
    1.00 lot acres
    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a stabilized multifamily property in Santa Fe, New Mexico, listed at $845,000. The portfolio comprises three buildings totaling 6,460 square feet situated on a one-acre lot at 4 Camino Charro, 87507. Currently boasting 100% occupancy, this property offers immediate and consistent cash flow. The buildings include a mix of residential units and a commercial space. The commercial space, approximately 2,100 square feet, features a long-term tenant (20+ years) operating a carpentry business. This space includes two 10'W x 8'H roll-up doors, providing ample access. The residential units are situated in mobile homes set on permanent foundations. The property is serviced by a private well, septic system, and natural gas. Ample parking and a large yard are additional benefits. The property is zoned R-1, and a Certificate of Compliance must be obtained from the City of Santa Fe. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Santa Fe location, surrounded by residential homes, mobile home parks, and commercial properties. The property's strong tenancy and established infrastructure make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture in the vibrant Santa Fe market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.051
    Latitude
    35.6003

    Comparable in this City

    • Value Estimation by Request
      440 SF

      3471 Cerrillos Rd

      MOBILE HOME PARK, TRAILER PARK
      3471 Cerrillos Rd, Santa Fe, NM 87507-7235
      View Details
    • Value Estimation by Request
      900 SF

      28 Scotts Pl

      MOBILE HOME PARK, TRAILER PARK
      28 Scotts Pl, Santa Fe, NM 87507-4396
      View Details
    • Value Estimation by Request
      8.15 Acres

      3502 Camino Atocha Spc, Unit 39

      MOBILE HOME PARK, TRAILER PARK
      3502 Camino Atocha Spc, Santa Fe, NM 87507-2796
      View Details
    • Value Estimation by Request
      154 SF

      2284 Henry Lynch Rd, Unit 4

      MOBILE HOME PARK, TRAILER PARK
      2284 Henry Lynch Rd, Santa Fe, NM 87507-3390
      View Details
    • Value Estimation by Request
      420 SF

      Corazzi Clle

      MOBILE HOME PARK, TRAILER PARK
      Corazzi Clle, Santa Fe, NM 87507
      View Details
    • Value Estimation by Request
      580 SF

      108 Vereda De Valencia

      MOBILE HOME PARK, TRAILER PARK
      108 Vereda De Valencia, Santa Fe, NM 87507-3043
      View Details

    Similar Nearby for Sale

    • $3,041,053
      11,440 SF

      Santa Fe Multifamily Investment Opportunity

      Multifamily property near Meow Wolf with diverse unit sizes.
      3226 Rufina St, Santa Fe, NM 87507
      View Details
    • $550,000
      2,066 SF

      Spacious Duplex on Half-Acre Lot

      Versatile duplex with private outdoor space and strong rental potential.
      4949 Calle Pico, Santa Fe, NM 87507
      View Details
    • $850,000
      3,300 SF

      Santa Fe Fourplex Investment Opportunity

      Four-unit property near Meow Wolf with strong rental history.
      1309 Rufina Ln, Santa Fe, NM 87507
      View Details
    • $875,000
      0.40 Acres

      Santa Fe Multifamily Investment Property

      Multifamily property with main residence and two casitas on 0.4 acres.
      2374 Camino Meliton, Santa Fe, NM 87507
      View Details
    • $1,250,000
      1,188 SF

      Santa Fe Triplex Investment Opportunity

      Updated triplex in Santa Fe, ideal for investment or multi-generational living.
      3327 Caminito Quintana, Santa Fe, NM 87507
      View Details
    • Contact for pricing
      6,460 SF

      Multifamily Property in Santa Fe

      Multifamily property featuring three units on approximately one acre.
      4 Camino Charro, Santa Fe, NM 87507
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Santa Fe Commercial Land Lease

      Commercial land available for ground lease in Santa Fe.
      Hwy 599 Byp, Santa Fe, NM 87507
      View Details
    • Contact for pricing

      Land for Rent Santa Fe

      Land available for rent at 88 Avenida Aldea, Santa Fe.
      88 Avenida Aldea, Santa Fe, NM 87507
      View Details
    • Contact for pricing

      Land for Gas Station

      Land available for gas station at Jaguar Drive & 599-Bypass.
      & 599-Bypass Pad 3A-1/Proposed Gas Sta / Jaguar Dr, Santa Fe, NM 87507
      View Details
    • Contact for pricing
      3,197 SF

      Office/Warehouse Space in Business Park

      3,197 SF office/warehouse space in central Santa Fe.
      3225-3229 Richards Ln, Santa Fe, NM 87507
      View Details
    • Contact for pricing

      Office/Warehouse Space in Business Park

      3,197 SF office/warehouse space in central Santa Fe.
      3225 Richards Ln, Santa Fe, NM 87507
      View Details
    • $5,000 /Mo
      1,300 SF

      Retail Space on Cerrillos Road

      High-visibility retail space with frontage on Cerrillos Road.
      2861 Cerrillos Rd, Santa Fe, NM 87507
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Camino Charro
    Santa Fe, NM 87507
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4 Camino Charro, Santa Fe, NM, 87507
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!