122 Park AveSanta Fe, NM 87501

Property Details for 122 Park Ave

Property size (Sq ft)

1,036 SF

Property type

Office properties

APN

11907200

APU

11907200

Description

This exceptional 1,055 square foot single-tenant executive office space is ideally located at 122 Park Avenue in the heart of Santa Fe, New Mexico. Built in 1970, this property offers a unique blend of historic charm and modern convenience. The open-concept interior features two rooms and a bathroom, providing flexibility for various business needs. A quaint front patio offers additional space for displays or customer interaction, while a small basement provides valuable storage. The property sits on a 0.12-acre lot and benefits from its proximity to key amenities. Less than half a mile from the Santa Fe Plaza, this location ensures high visibility and foot traffic. Convenient access to the Santa Fe Depot Rail Runner Station, Guadalupe @ Alameda IB bus station, and Sprouts Farmers Market enhances daily convenience. The nearby Santa Fe Railyard Park offers a pleasant recreational area. This property presents a remarkable opportunity for businesses seeking a vibrant and accessible location in the heart of Santa Fe's cultural scene. The property's prime location and convenient amenities make it an ideal space for a retailer or showroom seeking to establish or expand their presence in the Santa Fe market. The address is 122 Park Ave, Santa Fe, NM 87501.

• CAP approach

  CAP return

  Valuation

  6%

  $148,379

  6.5%

  $136,965

  7%

  $127,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $88,225

  Geo Method

  $85,594

• Alternative Use

  Use

  Valuation

  Residential

  $169,836

  Hospitality

  $155,569

  Educational

  $129,432

  Medical

  $133,883

  Retail

  $201,338

Location Insight

City

Santa Fe

County

Santa Fe

State

New Mexico

Latitude

35.6898

Longitude

-105.945

CBSA code

42140

CBSA name

SANTA FE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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