12022 Highway 14 N Cedar Crest, NM 87008
Versatile property with office and warehouse space in Cedar Crest.
Property Features for 12022 Highway 14 N
General Information
- Standard status
- Active
- Size
- 1,632 SF
- Lot size
- 1.38 Acres
- Property subtype
- OFFICE
Listing office Coldwell Banker - Legacy | Paseo del Norte (505) 228-3338
Listing date Aug 12, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Versatile property with office (approx. 700 sqft) and warehouse (approx. 1,000 sqft) space.
- Convenient location just off NM Highway 14, offering excellent access and visibility.
- Securely fenced property with its own well and septic tank.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $19.80 |
| − Vacancy | −$4.8k | −$2.96 |
| EGI | $27.5k | $16.84 |
| − OpEx | −$6.9k | −$4.21 |
| NOI | $20.6k | $12.63 |