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Financial
Distress signals
Property profile

502 W Cordova Rd D Santa Fe, NM 87505

FOR LEASE
Other investment properties
Property ID
US61-1629074
8,677 SF 0.4 ac lot
Last sale Aug 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a second-floor commercial space totaling approximately 1,000 square feet. The space was recently painted and is configured for office or retail use. It includes five individual offices, a storage closet, and a small kitchenette, along with a private restroom. The unit is located within minutes of downtown Santa Fe.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$400k
Assessed land$58k
Assessed improvement$342k
Effective rate3.22%

Value estimate

· Oct 2026
$1.11M
$999k – $1.22M
CAP approach$1.24M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 603.90% cap applied$13k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
603.90%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA FE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service17.0
Auto Parts Store14.3
Building Supply13.6

Location

502 W Cordova Rd, Unit D Santa Fe, NM 87505
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

11 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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