Harkle Road | 546 Harkle Rd
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Harkle Road 546 Harkle Rd
6,928 SF 79% Leased Office Building Santa Fe, NM 87505 $1,400,000 ($202/SF) 5% Cap Rate
Executive Summary
This impressive 6,928-square-foot office building in the heart of Santa Fe's medical hub presents an exceptional investment opportunity! Currently 75% occupied, this property offers immediate rental income with room to increase occupancy. The building features a recently updated roof and a refreshed parking lot, ensuring low maintenance and added curb appeal. The spacious interior layout is ideal for professional offices, offering flexibility for a variety of tenants. Located in a high-demand medical area with easy access to local amenities, this office space is perfect for investors or owner-occupants seeking a reliable income stream in a prime Santa Fe location. Don’t miss out on this remarkable property!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,928 SF
Building Class
B
Year Built
1985
Price
$1,400,000
Price Per SF
$202
Cap Rate
5%
NOI
$70,000
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,928 SF
Building FAR
0.29
Lot Size
0.55 AC
Zoning
H-Z - Hospital
Parking
21 Spaces (3.03 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 016004495 | Total Assessment | $1,037,519 |
| Land Assessment | $208,869 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $828,650 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
016004495
Land Assessment
$208,869
Improvements Assessment
$828,650
Total Assessment
$1,037,519
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Harkle Road | 546 Harkle Rd
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