2945 Rodeo Park DrSanta Fe, NM 87505

Property Details for 2945 Rodeo Park Dr

Lot size

1.51 AC

Property size (Sq ft)

39,325 SF

Property type

Office properties

APN

990002448

APU

990002448

Description

This Santa Fe, NM property, located at 2945 Rodeo Park Dr E, 87505, offers 39,325 square feet of flexible workspace in a Class B building constructed in 2001 and renovated in 2012. The two-story building sits on a 1.5-acre lot and features 14-foot ceilings, providing ample natural light. Currently, 3,534 square feet are vacant, with multiple suites available. Suite sizes range from approximately 680 to 2,585 square feet. The property is zoned C-1 and boasts 122 parking spaces (3.78 spaces per 1,000 square feet). Conveniently located near the intersection of Rodeo Rd and St. Francis Dr, it offers easy access to I-25 (a 2-minute drive). This location is ideal for medical, dental, and other professional businesses. The building is currently listed at $26 per square foot on a full-service lease. Amenities include ample parking and a flexible layout suitable for various business needs. The property's large, sunlit spaces create a productive and inviting work environment. The property is situated in the Santa Fe submarket. No elevators are present.

• CAP approach

  CAP return

  Valuation

  6%

  $5,632,236

  6.5%

  $5,198,986

  7%

  $4,827,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,348,895

  Geo Method

  $3,249,032

• Alternative Use

  Use

  Valuation

  Residential

  $6,446,744

  Hospitality

  $5,905,182

  Educational

  $4,913,042

  Medical

  $5,082,010

  Retail

  $7,642,510

Location Insight

City

Santa Fe

County

Santa Fe

State

New Mexico

Latitude

35.6355

Longitude

-105.96

CBSA code

42140

CBSA name

SANTA FE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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