502 W Cordova Rd Santa Fe, NM 87505
For Lease
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This 1,000-square-foot commercial space, located at 502 W Cordova Road Unit D in Santa Fe County, presents a fantastic opportunity for businesses seeking a well-appointed office or retail location. Built in 1995, this single-tenant space is situated on the second floor of a two-story building and is conveniently located minutes from downtown Santa Fe. The property is zoned C-1 and features a functional layout ideal for various professional or retail uses. The interior boasts five individual offices, providing ample space for a team or individual professionals. A small kitchenette and a private restroom add to the convenience and functionality of the space. Additional storage is provided by a dedicated storage closet. The building utilizes public power and does not have an elevator. The property's APN is 012802176. This freshly painted space offers a clean and modern feel, ready for immediate occupancy. The property's single-tenant occupancy ensures privacy and control over the space. This is a rare opportunity to secure a well-located, functional commercial space in the vibrant Santa Fe market.
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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.