Property profile

1640 Hospital Dr Santa Fe, NM 87505

OFF-MARKET
Medical Office Space
Property ID
US61-0043906
21,515 SF 2 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 21,515 SF
Lot 2 ac (87,120 SF)
APN 18500978
UPID US61-0043906

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

1640 Hospital Dr Santa Fe, NM 87505-4754
Santa Fe metro Census 1001 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.19M
Blend (final) Blend
$825k

Owner & transaction history

since 2019
7 recorded transactions
2021
Price N/A
2019
Price N/A
2010
Price N/A
2005
Price N/A
2002
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $3.1M +40.7%
Office building $2.8M +27.7%
Restaurant $2.6M +15.6%

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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