111 & 127 Sandoval Road, Los Lunas, NM 87031
Two buildings totaling 4,844 SF leased to Optum.
- Added:
- Nov 15, 2024
- Days on Market:
- 599
- Last Refresh:
- Jun 30 at 4:38 am
Property Features for 111 & 127 Sandoval Road
General Information
- Standard status
- Active
- Size
- 4,844 SF
- Lot size
- 1.25 Acres
Listing office Century 21 Champions (505) 480-2121
Listing date Nov 15, 2024
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Champions
HighLights
- Prime location in the heart of Los Lunas.
- Long‑term lease with Optum provides stable, predictable income.
- Two buildings totaling 4,844 square feet.
- Large 1.25‑acre lot with ample parking (over 40 spaces).
- Established history as a medical services hub.
- Ideal setup and reputation for medical practice use.
Overview
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 | $95.9k | $19.80 |
| − Vacancy | −$19.2k | −$3.96 |
| EGI | $76.7k | $15.84 |
| − OpEx | −$19.2k | −$3.96 |
| NOI | $57.5k | $11.88 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- LOS LUNAS ANIMAL CLINIC — 575 NM-314, Los Lunas, NM 87031
- Animal Hospital of Los Lunas — 419 Main St SW, Los Lunas, NM 87031
- Bosque Animal Clinic — 835 E Main St Suite 101, Los Lunas, NM 87031
- Thompson III William DVM — 575 NM-314, Los Lunas, NM 87031
Location Insight
- Map
- Local Demand
- City
- Los Lunas
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.739
- Latitude
- 34.8089
