12141 Nm State 14 Cedar Crest, NM 87008
- Land
Current Use by Public Records
- Land
Property Details for 12141 Nm State 14
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 692,604 square foot property, located at 12141 NM State 14 in Cedar Crest, New Mexico, presents a unique investment opportunity. The land is strategically situated on NM 14, offering excellent visibility and accessibility. The property boasts a dual zoning configuration: approximately 6.249 acres are zoned C-1, providing commercial development potential, while an additional approximately 9.647 acres are zoned A-2, offering flexibility for various uses. A test well was previously drilled and cased on the property, a significant advantage for potential development. The seller is open to considering partial exchanges as part of the transaction. Short-term private financing may be available for qualified buyers. Furthermore, there is potential for the C-1 and A-2 zoned tracts to be sold separately, providing added flexibility for interested parties. The asking price has been adjusted to reflect current market conditions. This property represents a compelling opportunity for investors seeking a versatile industrial land parcel in a desirable New Mexico location. The zip code is 87008, and the property is situated in Bernalillo County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Crest
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.363
- Latitude
- 35.1412
