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    OFF-MARKET
    Office buildings

    149 Calle Don Francisco, Bernalillo, NM 87004-6171

    1,881 SF 0.16 ac lot Built 1973
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US61-1401776
    Property summary
    AI-generated overview

    This exceptional 1,876 square foot mixed-use building presents a compelling investment opportunity in the vibrant town of Bernalillo, New Mexico. Situated on a 0.16-acre corner lot at the intersection of E. Calle Don Francisco and Railroad Road, this property boasts unparalleled accessibility. Its strategic location offers quick and easy access to I-25 and Highway 550, ensuring high visibility and convenient commutes. The building is ideally positioned just one block from the popular Range Cafe and even closer to the Rail Runner station, providing excellent exposure to a diverse clientele. The C-1 zoning designation unlocks a wide array of potential uses, catering to a broad spectrum of business ventures. Permitted uses include single-family and multi-family dwellings, accessory buildings, home occupations, boat and RV storage, retail spaces, professional and business services, churches, restaurants, daycare centers, automotive repair and service facilities, and select light manufacturing operations. This versatility makes this property an attractive prospect for both investors seeking high returns and entrepreneurs looking to establish a thriving business in a prime location. The property's size and zoning flexibility offer significant potential for future development and expansion, making it a truly unique and valuable asset in the Bernalillo market. The asking price is $281,000.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1973
    Total area 1,881 SF
    Lot 0.16 ac (6,970 SF)
    APN 1-020-072-086-454
    UPID US61-1401776
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Core Funding LLC · 6 yrs held
    Core Funding LLC
    since 2019
    4 recorded transactions
    2026
    2020
    2019
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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