Property profile

150 Washington Ave Unit 201 201 Santa Fe, NM 87501

FOR LEASE
Investment properties
Property ID
US61-0459553
55,330 SF 0.81 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This Class A office building, located at 150 Washington Avenue, Suite 201-220, Pojoaque, NM 87501, offers a variety of executive office, coworking, and creative office spaces. The 14,006 square foot building features 350 suites, with 5,970 square feet currently vacant. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, making it suitable for businesses of all sizes. The building underwent renovations in 2019 and includes elevators for convenient access. Situated in Santa Fe County's rapidly growing community, this location provides easy access to a vibrant atmosphere with nearby shops and restaurants. The property's flexible tenancy options cater to diverse business needs, offering a dynamic and collaborative work environment. This exceptional space is perfect for entrepreneurs and established businesses seeking a modern and inspiring workspace in a thriving area. The address is conveniently located in the heart of Pojoaque, offering a blend of professional and convenient amenities. The building's modern design and recent renovations ensure a comfortable and productive work environment. This is an unparalleled opportunity to secure premium office space in a sought-after location.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 55,330 SF
Lot 0.81 ac (35,501 SF)
APN 15253633
UPID US61-0459553

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
  • Industrial Manufacturer Production Facility
  • Cosmetic Store Beauty School
  • Auto Repair Shop
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Insurance Agency

Location

150 Washington Ave Unit 201, Unit 201 Santa Fe, NM 87501
Santa Fe metro Census 400 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.92M
Comparable Approach Comparable
$5.96M
Blend (final) Blend
$6.94M

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2021
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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