Building Details

Buildings 1

Listing Agency: NAI SunVista

Listed By: Clay Azar Show Phone

Source: Carnm.resimplifi

Added: Jun 30 Changed: Oct 6 Last Checked: Oct 16 at 5:53AM

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Investment Insights

Based on property information with market context.

This bar property includes an approximately 3,500 SF building, a liquor license, and two separate land components measuring approximately 0.2 acres and 0.5 acres. The property is zoned C-1, and furniture, fixtures, and equipment are negotiable as part of the transaction.

Frontage along NM State Rd. 313, also identified as S. Camino del Pueblo, provides direct roadway exposure. The property offers access to and from I-25 and US Hwy. 550, connecting the site with regional routes. The land components are associated with 955 S. Camino del Pueblo and 1020 S. Camino del Pueblo.

Key Highlights

• Approximately 3,500 SF bar building
• Liquor license included in the sale
• Two land components: approximately 0.2 acres and 0.5 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,870

Cap Rate

5.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$677,400 $677.4K

Cap Rate 7%

$483,857 $483.9K

Cap Rate 9%

$376,333 $376.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,500 SF

Gross rent

$48.3K $13.80/SF

− Vacancy

−$3.1K −$0.90/SF

EGI

$45.2K $12.90/SF

− OpEx

−$11.3K −$3.23/SF

NOI

$33.9K $9.68/SF

Area

Sandoval County, NM

Vacancy

6.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$677,400

Cap Rate 7%

$483,857

Cap Rate 9%

$376,333

Alternative Uses

Best Use

Specialty Retail

$483.9K

$423.4K – $564.5K (±1% cap)

NOI $33,870 @ 7.0% cap · market cap 5.55%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$711.5K

$622.6K – $830.1K (±1% cap)

NOI $49,805 @ 7.0% cap · market cap 8.16%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Liquor license

Location Intelligence

Trade Area within ½ mile

25

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 87004, NM

10,859

Population

4,916

Households

2.2

Avg Household Size

44

Median Age

23%

College-Educated

84%

High-School Grad

90.6 sq mi

ZIP Area

120

Density / Sq Mi

$63,319

Median Household Income

$36,402

Median Earnings

$1,066

Median Rent

$235,200

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Bar & Pub - Existing bar improvements accompany two land components with frontage on NM State Rd. 313 and convenient regional highway access.

Where is this bar & pub located?

The property is located at 955 S Camino Del Pueblo Bernalillo, NM.

What is the asking price?

The asking price for this property is $610,000.

What are key features of this property?

This property features: Approximately 3,500 SF bar building; Liquor license included in the sale; Two land components: approximately 0.2 acres and 0.5 acres