Farm-Style Warehouse and
For Sale
Contact for pricing
Pending
49 ROAD 3150, Aztec, NM 87410
Two buildings totaling 7,576 sq. ft. support a land farm use, with shop/warehouse space featuring two bay doors.
Property Size7,576 SF
Lot Size76.15 Acres
Days on Market912
Property Features for 49 ROAD 3150
General Information
Standard status
Pending
Size
7,576 SF
Lot size
76.15 Acres
Property subtype
Land
Listing Agency:
Century21 SoWesCo Realty
Listed By:
David McBee · License #41884
(505) 325-2100
Source:
Crexi
Added: Apr 17, 2024
Changed: Oct 1
Last Checked: Oct 14 at 8:14PM
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 Century21 SoWesCo Realty
Investment Insights
Based on property information with market context.
This expansive commercial property spans 76.15 acres and includes two buildings. The first building totals approximately 5,040 square feet and contains about 2,600 square feet of office-related space, including a reception area, office space, two bathrooms, a break room, storage room, and an IT room. The same building also includes approximately 2,440 square feet of shop/warehouse space with two bay doors.
A second building provides approximately 2,536 square feet of additional space. The property has been used as a land farm.
Access is described as being just east off Road 350, and the address is listed as 49 Road 3150 in Aztec, New Mexico.
A second building provides approximately 2,536 square feet of additional space. The property has been used as a land farm.
Access is described as being just east off Road 350, and the address is listed as 49 Road 3150 in Aztec, New Mexico.
Key Highlights
- 76.15‑acre commercial property located just east off Road 350
- Two buildings totaling 7,576 sq. ft.
- Building 1 includes 2,600 sq. ft. with reception area, office space, 2 bathrooms, break room, storage room, and IT room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,469
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,380
$1.1M
Cap Rate 7%
$806,700
$806.7K
Cap Rate 9%
$627,433
$627.4K
Market Conditions
NOI Build-Up for 7,576 SF
Gross rent
$71.8K $9.48/SF
− Vacancy
−$5.4K −$0.71/SF
EGI
$66.4K $8.77/SF
− OpEx
−$10.0K −$1.32/SF
NOI
$56.5K $7.45/SF
Area
San Juan County, NM
Vacancy
7.50%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,380
Cap Rate 7%
$806,700
Cap Rate 9%
$627,433
Alternative Uses
Best Use
Warehouse
$806.7K
$705.9K – $941.2K
NOI $56,469 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,708 @ 7.0% cap · market cap 15.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87410, NM
16,064
Population
6,402
Households
2.5
Avg Household Size
40
Median Age
17%
College-Educated
88%
High-School Grad
265.6 sq mi
ZIP Area
60
Density / Sq Mi
$51,283
Median Household Income
$31,436
Median Earnings
$802
Median Rent
$192,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Two buildings totaling 7,576 sq. ft. support a land farm use, with shop/warehouse space featuring two bay doors.
Where is this warehouse located?
The property is located at 49 ROAD 3150 Aztec, NM.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 76.15‑acre commercial property located just east off Road 350; Two buildings totaling 7,576 sq. ft.; Building 1 includes 2,600 sq. ft. with reception area, office space, 2 bathrooms, break room, storage room, and IT room
