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    FOR SALE
    Distribution centers

    1189 Parkway Dr, Santa Fe, NM 87507

    Built 2024
    Entity Owned 1-yr Hold
    Property ID
    US61-0285333
    Property summary
    AI-generated overview

    This exceptional Class A industrial condo, located at 1189 Parkway Dr, Santa Fe, NM 87507, offers 1,677 square feet of versatile space in a newly constructed (2024) building. The property features a thoughtfully designed layout with 1,092 square feet on the ground floor and an additional 584 square feet on the second floor, accessible via a handcrafted steel staircase with wooden treads. High ceilings, expansive storefront windows, and large aluminum glass roll-up doors create a bright and airy atmosphere. The interior boasts finished concrete floors, energy-efficient LED lighting, and smooth drywall finishes. A convenient kitchenette and an in-suite restroom with a shower are included. The building is zoned I-1, making it suitable for a variety of uses, including offices, galleries, light industrial operations, artist studios, warehouses, and health and wellness businesses. One drive-in door provides easy access, and the property is equipped with 200 AMP power. Enjoy stunning mountain views from the second-story workspace. This single-tenant space is perfect for businesses seeking a modern and functional workspace in a desirable Santa Fe location. The property is situated in Santa Fe County and is a two-story building.

    Property profile
    Verified
    Property type Distribution centers
    Year built 2024
    UPID US61-0285333
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    E1park LLC · 1 yrs held
    E1park LLC
    since 2025
    6 recorded transactions
    2025
    2025
    2024
    2024
    2024
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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