12141 Nm State 14 Cedar Crest, NM 87008
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.