Property profile

1918 Hopewell St Ste A Santa Fe, NM 87505

OFF-MARKET
Office buildings
Property ID
US61-0009316
1,884 SF
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located in Santa Fe, this two-unit condominium property provides a combination of residential and commercial potential. The building totals 2,136 square feet of living area on a 0.03-acre lot and is configured as two separate units. The upstairs residential unit features updated interior finishes, wide-plank wood floors, exposed wooden beams, plastered accent walls, and a custom kitchen with artisan-style cabinetry and a cement countertop. Lighting and built-in elements include a crystal chandelier and shelving with a matching wooden bench. The downstairs unit is configured for an artist or small business use and includes polished concrete floors, exposed beams, visible ductwork, a full bathroom, and a kitchenette with dark cabinetry and a gold-toned faucet. Open areas in the downstairs unit are suited to uses such as a gallery, studio, office, or client-facing business, with interior finishes that include a wooden barn door, track lighting, and ambient sconces. The property has two separate units and two bathrooms, and it is zoned for both commercial and residential use, supporting a live/work arrangement.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Total area 1,884 SF
APN 910002042
UPID US61-0009316

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
  • Vocational School Training Center
  • Counselor Marriage Or Relationship Counselor

Location

1918 Hopewell St Ste A Santa Fe, NM 87505-3857
Santa Fe metro Census 1002 SANTA FE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2006
1 recorded transaction
2006
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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