149 Calle Don Francisco, Bernalillo, NM 87004-6171
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.