Versatile Commercial Property on Bosque
2100 Bosque Farms Blvd Bosque Farms, NM 87068
2100 Bosque Farms Blvd, Bosque Farms, NM, 87068
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For Sale
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9,040 SF commercial property on 2.09 acres for sale.
Property Size9,040 SF
Lot Size2.09 Acres
Price / SF$66.37
Days on Market704
Property Features for 2100 Bosque Farms Blvd
General Information
- Standard status
- Active
- Size
- 9,040 SF
- Lot size
- 2.09 Acres
- Property subtype
- Industrial, Retail
Listing Agency
Johnson Commercial Real Estate
(505) 353-2055
Listed by
Mark Friedman · License #NM 35421AB
Source
Crexi
Added: Aug 13, 2024 Checked: Jul 16 at 12:16 pm
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 Johnson Commercial Real Estate
Investment Insights
Based on property information with market context.
This commercial property offers 9,040 square feet of space on 2.09 acres. The facility is located with frontage on Bosque Farms Blvd, approximately 11 minutes from I-25 and 15 minutes from Albuquerque. It is zoned C-1 for Neighborhood Commercial. The property includes 480V 3 Phase Power and fiber connectivity in the road. A fenced yard is also present. Ceiling heights range from 13 feet to 17 feet 5 inches. The property features 7 drive-in doors of various sizes, and a potential lift and paint booth.
Key Highlights
- Prime Bosque Farms Blvd frontage for high visibility.
- 9,040± SF facility on 2.09± acres.
- Zoned C‑1 for Neighborhood Commercial.
Local Financial Insights For Industrial
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 | $81.4k | $9.00 |
| − Vacancy | −$4.1k | −$0.45 |
| EGI | $77.3k | $8.55 |
| − OpEx | −$23.2k | −$2.56 |
| NOI | $54.1k | $5.98 |
9,040 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.14M
$994.2K – $1.33M
NOI $79,538 @ 7.0% cap · market cap 13.26%
Second Best
Warehouse
$880.6K
$770.5K – $1.03M
NOI $61,641 @ 7.0% cap · market cap 10.27%
Theoretical Best
Office A
$1.87M
$1.64M – $2.18M
NOI $130,849 @ 7.0% cap · market cap 21.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Automotive Parts & Service ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 9,040 SF commercial property on 2.09 acres for sale.
Where is this flex space located?
The property is located at 2100 Bosque Farms Blvd Bosque Farms, NM.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime Bosque Farms Blvd frontage for high visibility.; 9,040± SF facility on 2.09± acres.; Zoned C‑1 for Neighborhood Commercial.
