Property profile

1189 Parkway Dr B1 Santa Fe, NM 87507

FOR SALE
Warehouses
Property ID
US61-0285333
Built 2024
Entity Owned 1-yr Hold
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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 Warehouses
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

Location

1189 Parkway Dr, Unit B1 Santa Fe, NM 87507
Santa Fe metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2025
6 recorded transactions
2025
Price N/A
2025
Price N/A
2024
Price N/A
2024
Price N/A
2024
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2024
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Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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