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Property profile & analytics

502 W Cordova Rd, Unit D Santa Fe, NM 87505

  • Investment properties
  • 8,677 SF
  • 0.40 lot acres
For Lease
Last Sale
Jun 15, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US61-1629074
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Mortgage Solutions De Santa Fe / Loan Service / Bank
  • Gateway Mortgage / Loan Service / Bank
  • Heather Carter / Loan Service / Bank
  • Rainbow Road Therapies / Physician
  • Gateway Plaza / Shopping Center & Mall

Property Details for 502 W Cordova Rd

Lot size
0.40 lot acres
Property size
8,677 SF
Property type
Investment properties
Property subtype
Retail residential properties
APN
12802176
APU
12802176

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,345,000
    6.5%
    $1,240,000
    7%
    $1,155,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Santa Fe
County
Santa Fe
State
New Mexico
Longitude
-105.95
Latitude
35.6724
CBSA code
42140
CBSA name
SANTA FE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,858
$57,543
$342,304
$399,847
-
$172,630
$1,026,914
$1,199,544
More about this property
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