Technical
Financial
Distress signals
Property profile

1220 Mercantile Rd Santa Fe, NM 87507

OFF-MARKET
Manufacturing properties
Property ID
US61-0198947
5,564 SF 0.32 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

A freestanding industrial warehouse with 5,564 square feet of total building area, including 700 square feet of office space and 4,868 square feet of warehouse area. The property is located on a 0.32-acre lot and features a high-clear warehouse configuration with an approximate 14-foot ceiling height and an open warehouse floor plan. Drive-in access is provided by three 10-foot grade-level doors, supporting loading and unloading with vehicle circulation designed for industrial operations. The site includes 10 dedicated paved parking spaces with convenient vehicle access. It is situated in the Siler-Rufina industrial corridor and is governed by I-1 zoning and business park covenants that allow for a range of uses, including light industrial, light manufacturing, distribution, office, fitness, educational, and religious uses.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Total area 5,564 SF
Lot 0.32 ac (13,896 SF)
APN 980000152
UPID US61-0198947

Cap rate & NOI

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

Location

1220 Mercantile Rd Santa Fe, NM 87507-3487
Santa Fe metro Census 1202 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2018
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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