510 Guadalupe StSanta Fe, NM 87501

  • Strip malls
  • 30,185 SF
For Lease
$17.50/SF/YR View listing

Property Details for 510 Guadalupe St

Lot size
2.24 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,818,330
    6.5%
    $4,447,690
    7%
    $4,130,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,673,350
    Geo Method
    $2,593,640
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,530,960
    Mixed-Use / Specialty
    $4,489,410
    Hospitality / Lodging
    $3,368,690
    Office
    $4,522,700
    Institutional / Educational
    $4,687,750
    Residential Income
    $5,484,670
    Multifamily
    $6,258,850
    Automotive / Energy
    $4,018,070
    Parking / Income-Based Land
    $1,329,710
    Restaurant / Food Service
    $2,457,840
    Healthcare / Senior Housing
    $4,544,760

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6955
Longitude
-105.952
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

FAQs

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Please email our support team at [email protected] and they will add the team member.
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