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    Property profile & analytics

    1403 2nd St Santa Fe, NM 87505-3407

    • Office buildings
    • 264 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0271207
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Get Framed / Art Gallery / Picture Frame Shop

    Property Details for 1403 2nd St

    Property size
    264 SF
    Property type
    Office buildings
    APN
    18000184
    APU
    18000184

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.969
    Latitude
    35.6666
    CBSA code
    42140
    CBSA name
    SANTA FE, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,318
    $14,204
    $26,791
    $40,995
    -
    $42,615
    $80,376
    $122,991

    Comparable in this City

    • Value Estimation by Request
      781 SF

      2209 Brothers Rd

      PROFESSIONAL BUILDING • 781 SF
      2209 Brothers Rd, Santa Fe, NM 87505-6965
      View Details
    • Value Estimation
      $385,000
      2,645 SF

      10 Calle Medico

      PROFESSIONAL BUILDING • 2,645 SF
      10 Calle Medico, Santa Fe, NM 87505-4724
      View Details
    • Value Estimation
      $665,000
      14,192 SF

      1751 Calle Medico

      PROFESSIONAL BUILDING • 14,192 SF
      1751 Calle Medico, Santa Fe, NM 87505-4706
      View Details
    • Value Estimation
      $380,000
      1,668 SF

      9 Calle Medico

      PROFESSIONAL BUILDING • 1,668 SF
      9 Calle Medico, Santa Fe, NM 87505-4724
      View Details
    • Value Estimation
      $575,000
      10,040 SF

      5 Calle Medico

      PROFESSIONAL BUILDING • 10,040 SF
      5 Calle Medico, Santa Fe, NM 87505-4762
      View Details
    • Value Estimation
      $380,000
      441 SF

      926 Hickox St

      PROFESSIONAL BUILDING • 441 SF
      926 Hickox St, Santa Fe, NM 87505-1000
      View Details

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    Similar Nearby for Lease

    • $33,333
      20,000 SF

      Santa Fe Office Building For Lease

      Two-story office building with modern amenities and ample parking.
      2905 E Rodeo Park Dr, Santa Fe, NM 87505
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      Santa Fe Office Space Available

      Premium ground floor office with basement storage in Santa Fe.
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    • $15 SF/Yr
      3,087 SF

      Professional Office Suites For Lease

      Premium office suites in Santa Fe's medical and business corridor.
      2006 2Nd St, Santa Fe, NM 87505
      View Details
    • $22 SF/Yr
      3,478 SF

      Multi-Use Office Space Available

      Office space with ample parking and easy access.
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    • $1,800 /Mo
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      Office Space on South St

      Efficient office space with high visibility near downtown Santa Fe.
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    • $2,100 /Mo
      1,000 SF

      Santa Fe Office/Retail Space

      Second-floor commercial space near downtown Santa Fe, ideal for office/retail.
      502 W Cordova Rd, Santa Fe, NM 87505
      View Details
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    1403 2nd St
    Santa Fe, NM 87505-3407
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    Realmo Value Estimation

    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.

    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.

    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
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