1523 Taos St

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1523 Taos St

Santa Fe, NM 87505
Asking Price
$370K
Asset Type
Office
Class
Class B

What's Special

1523 Taos St is situated in the midtown district of Santa Fe, New Mexico. The surrounding neighborhood is characterized by a mix of residential properties, small businesses, and light industrial spaces. This location provides proximity to the St. Michaels Drive commercial corridor, offering access to numerous dining options, retail centers, and professional services. The property is positioned for vehicular accessibility via nearby arterial roads like Cerrillos Road and St. Francis Drive, and it is served by local public transit routes. The asset is configured for office use, offering a layout suitable for small-to-medium-sized professional enterprises. Ideal tenants include legal practices, accounting firms, non-profit organizations, or creative agencies seeking a functional workspace outside the downtown core. The property’s location and scale support businesses that prioritize proximity to local client bases and require a quiet professional environment with accessible street-level entry.

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NOI
$80,000
Cap Rate
21.62%
DSCR
3.64
Strong
Cash-on-Cash
52.28%
Monthly Payment
$1,830.558
Annual Cash Flow
$58,033.303

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