Versatile Commercial Property in Bosque
2500 Bosque Farms Blvd Bosque Farms, NM 87068
2500 Bosque Farms Blvd, Bosque Farms, NM, 87068
Contact for pricing
For Sale
Contact for pricing
9,478 SF commercial property on 1.18 acres for sale.
Property Size9,478 SF
Lot Size1.18 Acres
Price / SF$179.36
Days on Market843
Property Features for 2500 Bosque Farms Blvd
General Information
- Standard status
- Active
- Size
- 9,478 SF
- Lot size
- 1.18 Acres
- Property subtype
- Business for Sale, Industrial, Retail
Building Details
- Year Built
- 2006
Listing Agency
Berkshire Hathaway New Mexico Commercial Division
(505) 289-0549
Listed by
Jacob Lopez · License #REC-2024-0071
Source
Crexi
Added: Mar 27, 2024 Checked: Jul 17 at 4:20 am
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 Berkshire Hathaway New Mexico Commercial Division
Investment Insights
Based on property information with market context.
This commercial property, located at 2500 Bosque Farms Blvd, NM, offers 9,478 square feet of space on a 1.18-acre lot. The property benefits from frontage on the town’s main thoroughfare, ensuring high visibility. The location is within a 5-mile radius of a population of 32,855, with an average household income of $88,472. The property includes monument and building signage, 17 parking spaces, and gated parking. A yard with a private entrance is also featured. The building has two 14’x12’ roll-up doors and clear heights ranging from 20’ to 24’. The interiors are fully insulated and equipped with 3-phase 480 Volt Electricity. The layout includes three storage rooms, mezzanine space, two offices, two bathrooms, and a spacious reception area. This property is suitable for diverse business needs.
Key Highlights
- Prime commercial property on Bosque Farms Blvd with high visibility.
- Large 9,478 SF building on 1.18 acres.
- High population density and affluent demographics within a 5‑mile radius.
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 | $125.1k | $13.20 |
| − Vacancy | −$9.4k | −$0.99 |
| EGI | $115.7k | $12.21 |
| − OpEx | −$34.7k | −$3.66 |
| NOI | $81.0k | $8.55 |
9,478 SF · lease $13.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.16M
$1.01M – $1.35M
NOI $81,008 @ 7.0% cap · market cap 4.77%
Second Best
Warehouse
$923.3K
$807.9K – $1.08M
NOI $64,628 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,188 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Eze's Auto Sales ...
Car Dealership
Eze's Collision
Auto Repair Shop
EZ auto group
Association / Organization
Similar For Sale Nearby
Similar Off Market Nearby
- Bosque Farms Self-Storage — 410 Bosque Farms Blvd, Bosque Farms, NM 87068
FAQs
What type of property is this?
Warehouse - 9,478 SF commercial property on 1.18 acres for sale.
Where is this warehouse located?
The property is located at 2500 Bosque Farms Blvd Bosque Farms, NM.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Prime commercial property on Bosque Farms Blvd with high visibility.; Large 9,478 SF building on 1.18 acres.; High population density and affluent demographics within a 5‑mile radius.
