Farm-Style Warehouse and
49 Road 3150 Aztec, NM 87410
49 Road 3150, Aztec, NM, 87410
$695,000
Pending
For Sale
$695,000
Pending
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 Market120
Property Features for 49 Road 3150
General Information
- Standard status
- Pending
- Size
- 7,576 SF
- Lot size
- 76.15 Acres
Listing agency
CENTURY 21 SoWesCo Realty
(505) 793-2800
Listed by
Gordon N Crane · License #8320
(505) 793-2800
Source
Exprealty
Added: Mar 25 Updated: Jul 21 at 10:24PM Checked: Jul 22 at 9:52AM
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 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
Local Financial Insights For Warehouse
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 | $71.8k | $9.48 |
| − Vacancy | −$5.4k | −$0.71 |
| EGI | $66.4k | $8.77 |
| − OpEx | −$10.0k | −$1.32 |
| NOI | $56.5k | $7.45 |
7,576 SF · lease $9.48/SF/yr · vacancy 7.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$966.3K
$845.5K – $1.13M
NOI $67,639 @ 7.0% cap · market cap 9.73%
Second Best
Warehouse
$806.7K
$705.9K – $941.2K
NOI $56,469 @ 7.0% cap · market cap 8.13%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
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
