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Property profile & analytics
FOR LEASE
Industrial properties

1281 Clark Rd Santa Fe, NM 87505

4,264 SF 3.1 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US61-0304488
Property summary
AI-generated overview

This impressive Santa Fe County industrial property offers a unique opportunity. The 4,360 square foot building boasts a blend of warehouse and office space, ideal for a variety of manufacturing, distribution, or warehouse operations. The warehouse component comprises approximately 1,850 square feet, featuring 18-foot high ceilings and convenient overhead door access. An additional 2,500 square feet is dedicated to office space, providing ample room for administrative functions, including work areas and conference rooms. Four separate storage units, totaling approximately 2,800 square feet, offer extra capacity for inventory or equipment. The property also includes significant outdoor space suitable for parking, equipment storage, or expansion. Security features include two heavy gated entries and a secure perimeter wall/fence. The property is zoned I-1. Built in 1990, the building features one loading dock and four drive-in doors. Three-phase power is available. Please note that availability is contingent upon a pending lot split application with the City of Santa Fe and the current tenant's vacancy. This property presents a compelling investment opportunity in a desirable Santa Fe County location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 4,264 SF
Lot 3.1 ac (134,949 SF)
APN 11768704
UPID US61-0304488
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Waycor Materials Inc Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Inchoate Properties LLC · 3 yrs held
Inchoate Properties LLC
since 2022
6 recorded transactions
2022
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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