Property profile

122 Park Ave Santa Fe, NM 87501

OFF-MARKET
Office Spaces
Property ID
US61-0298210
1,036 SF
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,055 square foot single-tenant executive office space is ideally located at 122 Park Avenue in the heart of Santa Fe, New Mexico. Built in 1970, this property offers a unique blend of historic charm and modern convenience. The open-concept interior features two rooms and a bathroom, providing flexibility for various business needs. A quaint front patio offers additional space for displays or customer interaction, while a small basement provides valuable storage. The property sits on a 0.12-acre lot and benefits from its proximity to key amenities. Less than half a mile from the Santa Fe Plaza, this location ensures high visibility and foot traffic. Convenient access to the Santa Fe Depot Rail Runner Station, Guadalupe @ Alameda IB bus station, and Sprouts Farmers Market enhances daily convenience. The nearby Santa Fe Railyard Park offers a pleasant recreational area. This property presents a remarkable opportunity for businesses seeking a vibrant and accessible location in the heart of Santa Fe's cultural scene. The property's prime location and convenient amenities make it an ideal space for a retailer or showroom seeking to establish or expand their presence in the Santa Fe market. The address is 122 Park Ave, Santa Fe, NM 87501.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Total area 1,036 SF
APN 11907200
UPID US61-0298210

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

122 Park Ave Santa Fe, NM 87501-1833
Santa Fe metro Census 300 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2024
Price N/A
1969
Price N/A

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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