Spectacular Building Lot In High Desert with Mountain and City Views in the Coveted Wilderness Area! * 12,000 SF Building Envelope Immediately Off the Cul-De-Sac * Beautiful Protected View Corridors * Thoughtful Planning of Lots/Building Envelope by Original Developers for View Preservation * Build Your Dream Home In The Sandia Foothills * Approximately a Quarter Mile to the Michael Emery Trailhead and Access to 2500+ Acres of the Sandia Foothills Open Space with Miles of Trails * Seller Willing to Owner Finance
Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which recently moved into its new office building a few blocks away.Measures of investment performance at ask price of $963,138 and current average rent of $917 are a GRM of 8.75, a 5.98% cap rate, $96,314 per unit, $128.42/sf. Rents have increased 13.7% in the last year.If rents are raised to the market of $1,075, the measures of investment performance improve to a cap rate of 7.37%.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.
Welcome to this versatile commercial property, located in the heart of downtown and boasting excellent visibility and high traffic volume. This former restaurant space has been recently renovated and repurposed as a cannabis dispensary.Featuring restaurant hoods still in place and a spacious walk-in cooler, this property can easily be converted back into a restaurant This property has a tenant and is being sold as an investment with an 8% return.
Great opportunity to own a Lot in the NW Heights area. Great views and the that developing fast.
Electric in street. Mobile Homes allowed doublewides only. Seller will consider owner financing. Build your dream home. You need a well, septic and propane
Bulk package sale of almost 75 ACRES of assorted tracts in the general area. Eight Tracts-One 20 AC, five 10 AC tracts and two 2.34 AC . Most not adjacent. Seller will finance with built in releases as needed. Or seller open to partial or full exchanges OR will trade up into something else and add money!!SEE Legal descriptions in DOCUMENTS section.
DO NOT DISTURB TENANTS.Shown by appointment ONLY and will only be shown with accepted deal.8.00% CAP RATE ON NOI. See broker for financial information.Fully Leased! Recently Remodeled! This Property has been recently remodeled with a number of improvements including new roofs, stucco, windows, doors.Landscaping, paving, and gravel driveway is all new.The units have kitchen remodels including countertops, cabinets, backsplashes, stainless appliances. Apt 1 received a full interior renovation.Apt 2 received a kitchen & living renovation. Apt 3: kitchen renovation, flooring, The 3 bed Home received updates throughout including a kitchen renovation and 3 new refrigerated air units and has a private walled yard area.
This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Upstairs in this 3-story brick building are 10 residential condos. The building has been fully occupied for a decade, and has been managed by EDo Spaces. Current tenants are Nuve Salon (since 2020), Spaces (since 2009), and EDo Storage (since 2012). Tenants are responsible for their own electricity, janitorial, and all non-structural repairs to the space and its equipment, including glass damage. Owner pays condo dues (which include building insurance, water-sewer-trash-recycling, and common area maintenance) and property taxes.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.N152 west lot, 10.095 acres Lat/Long: 34.968600, -106.805706N153 east lot, 10 acres Lat/Long: 34.968589, -106.803501
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.N144 Lat/Long: 34.959566, -106.816720 east of N145;N145 Lat/Long: 34.959549, -106.818920 west of N144;N147 Lat/Long: 34.957729, -106.823326 west of N148;N148 Lat/Long: 34.957729, -106.821129 middle lot;N149 Lat/Long: 34.957740, -106.817836 east of N148.
Best uses are long-term investment and/or recreation.N141 east lot, 10 acres Lat/Long: 34.963185, -106.823331N142 west lot, 10 acres Lat/Long: 34.963184, -106.825534
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.
Best uses are long-term investment and/or recreation.N136 north lot, 10 acres Lat/Long: 34.970476, -106.836586N138 south lot, 10 acres Lat/Long: 34.968666, -106.836564
Best uses are long-term investment and/or recreation.
The median home value in Albuquerque, NM is $460,000. This is higher than the county median home value of $195,500. The national median home value is $219,700. The average price of homes sold in Albuquerque, NM is $460,000. Approximately 54.3% of Albuquerque homes are owned, compared to 36.55% rented, while 9.16% are vacant. Albuquerque real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albuquerque real estate agent to arrange a tour today!
Albuquerque, New Mexico has a population of 556,718. Albuquerque is less family-centric than the surrounding county with 27.8% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Albuquerque, New Mexico is $49,878. The median household income for the surrounding county is $50,386 compared to the national median of $57,652. The median age of people living in Albuquerque is 36.2 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 25.1 degrees. The average rainfall is approximately 12.5 inches per year, with 14.2 inches of snow per year.