Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    510 N Guadalupe Unit, Unit C1 Santa Fe, NM 87501

    • Strip malls
    • 30,185 SF
    • 2.24 lot acres
    For Lease
    View listing
    $5,629 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US61-0343845
    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

    • Parke Kristen MD / Physician
    • Jinja Bar & Bistro / Restaurant
    • Dr. Jesse Gabriel / Pediatrician / Physician
    • Edward Jones - Financial Advisor: Jeff Weeast Sr, CFP®|AAMS™ / Financial Advisor
    • Extreme Competence / Marketing & Advertising

    Property Details for 510 N Guadalupe Unit

    Lot size
    2.24 lot acres
    Property size
    30,185 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    11050950
    APU
    11050950

    Description

    This exceptional retail opportunity is situated at 510 N Guadalupe St in Santa Fe, New Mexico, 87501. The property boasts a highly desirable location, offering the benefits of a vibrant commercial area without the premium downtown pricing. This SC1 zoned property features a large, available space totaling approximately 7,371 square feet, which is easily divisible into two separate units to accommodate various business needs. The space benefits from exceptional visibility, showcasing over 385 feet of frontage along Guadalupe Street, ensuring high pedestrian traffic and brand recognition. The property is part of a thriving shopping center, surrounded by successful and established businesses including Jinja Bar & Bistro, Edward Jones, Del Norte Credit Union, and the Santa Fe Association of Realtors, creating a synergistic and attractive retail environment. This northernmost Santa Fe shopping center provides convenient access to major roadways, including Highway 599 and US Highway 285, enhancing accessibility for both customers and employees. The property is classified as Retail with Office and Medical subtypes, allowing for a range of potential uses. Multiple tenancy is permitted. This is a rare opportunity to secure a prominent retail space in a prime Santa Fe location at a competitive price point.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $5,435,000
      INDUSTRIAL (GENERAL)
      $3,190,000
      MEDICAL BUILDING
      $3,095,000
      AUTO REPAIR, GARAGE
      $2,745,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Fe
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -105.952
    Latitude
    35.6955
    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
    $30,555
    $162,624
    $787,560
    $950,184
    -
    $487,875
    $2,362,681
    $2,850,556

    Comparable in this City

    • Value Estimation
      $720,000
      4,846 SF

      919 Alameda St

      SHOPPING CENTER, STRIP CENTER • 4,846 SF
      919 Alameda St, Santa Fe, NM 87501-1681
      View Details
    • Value Estimation by Request
      1.03 Acres

      328 Guadalupe St

      SHOPPING CENTER, STRIP CENTER • 1.03 Acres
      328 Guadalupe St, Santa Fe, NM 87501-2682
      View Details
    • Value Estimation by Request
      984 SF

      903 Alameda St

      SHOPPING CENTER, STRIP CENTER • 984 SF
      903 Alameda St, Santa Fe, NM 87501-1681
      View Details
    • Value Estimation
      $2,255,000
      16,515 SF

      321 San Francisco St

      SHOPPING CENTER, STRIP CENTER • 16,515 SF
      321 San Francisco St, Santa Fe, NM 87501-2183
      View Details
    • Value Estimation
      $775,000
      5,319 SF

      945 Alameda St

      SHOPPING CENTER, STRIP CENTER • 5,319 SF
      945 Alameda St, Santa Fe, NM 87501-1681
      View Details
    • Value Estimation
      $605,000
      3,736 SF

      947 Alameda St

      SHOPPING CENTER, STRIP CENTER • 3,736 SF
      947 Alameda St, Santa Fe, NM 87501-1681
      View Details

    Similar Nearby for Sale

    • $3,195,000
      4,755 SF

      Canyon Road Historic Live-Work Property

      Unique live-work property in Santa Fe's historic artistic district.
      634 Canyon Rd, Santa Fe, NM 87501
      View Details
    • $4,250,000
      19,911 SF

      Downtown Santa Fe Plaza Commercial Building

      Three-story commercial building in the heart of Santa Fe Plaza.
      142 W Palace Ave, Santa Fe, NM 87501
      View Details
    • $3,700,000
      4,690 SF

      Historic Santa Fe Landmark Property

      Landmark mixed-use property in the heart of historic Santa Fe.
      122 Grant Ave, Santa Fe, NM 87501
      View Details
    • $900,000
      Pending

      Prime Downtown Santa Fe Retail

      High-visibility commercial building in downtown Santa Fe with permitted uses.
      647 Cerrillos Rd, Santa Fe, NM 87501
      View Details
    • $1,060,000
      3,726 SF

      Established Restaurant with Rental Income

      Profitable restaurant with rental units and value-add potential.
      304 Johnson St, Santa Fe, NM 87501
      View Details
    • $874,800
      1,296 SF

      Retail Property in Santa Fe

      Retail property available for sale in Santa Fe, NM.
      341 E Alameda St, Santa Fe, NM 87501
      View Details

    Similar Nearby for Lease

    • $5,629 /Mo
      3,860 SF

      Santa Fe Retail/Office Space

      High-traffic location near downtown with medical build-out and great visibility.
      510 N Guadalupe Unit, Santa Fe, NM 87501
      View Details
    • Contact for pricing
      1,377 SF

      Premium Office and Retail Building

      Office and retail building near Santa Fe Plaza with parking.
      125 Lincoln Ave, Santa Fe, NM 87501
      View Details
    • $18 SF/Yr
      17,301 SF

      Downtown Santa Fe Office Space

      Three-story office building with parking in the heart of Santa Fe.
      142 W Palace Ave, Santa Fe, NM 87501
      View Details
    • $24 SF/Yr
      1,593 SF

      Turnkey Offices in Downtown Santa Fe

      Turnkey offices in downtown Santa Fe near Plaza and government.
      317 Paseo De Peralta, Santa Fe, NM 87501
      View Details
    • $1,315 /Mo
      1,100 SF

      Santa Fe Commercial Space For Rent

      1,100 SF commercial space with high visibility and traffic.
      150 S St Francis Dr, Santa Fe, NM 87501
      View Details
    • $24 SF/Yr
      4,342 SF

      Authentic Adobe Gallery Space

      Unique adobe gallery space in Santa Fe's vibrant downtown.
      1005 Paseo De Peralta, Santa Fe, NM 87501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    510 N Guadalupe Unit, Unit C1
    Santa Fe, NM 87501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.