1892 Plz Del Sur Dr Santa Fe, NM 87505-6043
This exceptional mixed-use property, located at 1892 Plaza Del Sur Dr, Santa Fe, NM 87505, presents a unique investment opportunity. The 3,080 square foot building, constructed in 1995, sits on a 0.25-acre lot and boasts a desirable C-2 zoning. Currently configured as a medical office, the space is highly adaptable and suitable for various uses, including retail or traditional office space. The interior features a welcoming reception area, open workspace, private offices (many with windows and sinks), a dedicated receptionist room, and a secure walk-in bank vault. A private breakroom with outdoor access adds to the functionality. Ample parking is available on-site. The property benefits from its prime location in the St. Michaels Business District, within a designated Opportunity Zone, and just one building from St. Michaels Drive. Proximity to major shopping centers, restaurants, and essential services enhances its appeal. The existing tenant has a lease with approximately 1.5 years remaining. The asking price is $645,000, representing a price per square foot of $209.42. This single-story building offers a compelling blend of location, versatility, and potential for strong return on investment. Serious inquiries only. Do not disturb the tenant.
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John C. Connerly, DC Alternative Medicine Practice
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Herbscript by Jesse Hoover, DOM (Bike/Boat/Book/etc) Store Specialty Food Shop
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Ruther David Alternative Medicine Practice Acupuncture
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Evan Allender Peake Alternative Medicine Practice
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Dr. Larry Widmer Alternative Medicine Practice
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.