664 I-25 E FRONTAGE Road Algodones, NM 87001
Warehouse with office on 2+ acre lot, zoned Residential/Commercial.
Property Features for 664 I-25 E FRONTAGE Road
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 2.32 Acres
- Property subtype
- Commercial/Industrial
Listing office EXP Realty LLC (505) 503-5658
Listing date Oct 22, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Large 2+ acre lot with versatile Residential/Commercial zoning.
- 4000 SF warehouse with office area.
- Income‑generating leased outdoor sign with owner advertising space.
Local Financial Insights For Retail
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 | $52.8k | $13.20 |
| − Vacancy | −$4.0k | −$0.99 |
| EGI | $48.8k | $12.21 |
| − OpEx | −$14.7k | −$3.66 |
| NOI | $34.2k | $8.55 |
