19 Cirguela Rd Cedar Crest, NM 87008
This exceptional 9.32-acre property in Cedar Crest, New Mexico, presents a unique investment opportunity. Located just 20 minutes east of Albuquerque, the campus boasts 21,224 square feet of existing buildings, including a 32-bed dormitory, administrative offices, a schoolhouse, and a charming log cabin. The property's zoning (M-H) allows for a variety of uses, making it ideal for a range of potential buyers. Previously home to a nationally recognized early childhood treatment center, the site is equipped with numerous amenities, including a state-of-the-art soccer field, volleyball court, basketball hoop, orchard, outdoor playground, cafeteria, and laundry room. A significant advantage is the inclusion of its own wastewater treatment facility. The serene setting, nestled between two ridges with access to Acequia de Madre and San Antonio Creek, provides a tranquil environment. The property's four parcels offer ample space for expansion, making it suitable for a treatment center, assisted living facility, nursing home, youth camp, church, school, or other similar ventures. The asking price is $5,200,000. This is a rare chance to acquire a fully equipped campus with significant potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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