CORRALES COMMERCIAL MULTI-PURPOSE FOR SALE

Office for Sale
Also listed as Special Purpose, Retail-Commercial
Catylist Listing ID: 30585692
Property Subtypes: High-Tech, Institutional, Medical, Mixed Use, Office Building, Other
Building Size (RSF): 3,992 SF
Gross Building Area: See Agent
Gross Land Area: 1.32 SF
Sale Price: $795,000
Unit Price: $199.15 PSF
Property Use Type: Vacant/Owner-User, Business
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2020

Overview / Comments

The property currently is used as a training center and school for developmentally challenged adults.

The building, located on approximately 1.3 acres, could be repurposed as a restaurant, office building (such as lawyers, accountants, medical practitioners), retail location, high-tech center, or school.

Features:

Item: Large parking area.

Item: Recent Phase I environmental report.

Item: Recent new survey.

Item: Excellent visibility.

Item: Recent Corrales village approvals for its current use as a school.

Item: Recent roof and well inspection reports.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Taxing Authority: Sandoval County
Tax ID/APN: R143205
Zoning: CORRALES COMMERCIAL ZONE
Property Visibility: Excellent
Highway Access: From the south, from Alameda Blvd onto Corrales Road. From the north, from Hwy 550 onto 448 (also known as Corrales Road).
Airports: Albuquerque International
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,992 SF
Year Built: 1999
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: Paved surface.
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Evaporative Cooler, Package Unit
Interior Description: Please see accompanying photographs.
Zoning Description: Within the Corrales Commercial Zone.
Lot Frontage: See site plan.
Lot Depth: Varies
Water Service: Well
Sewer Type: Municipal, Septic
Easements: Pipelines, Electric Lines, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,332 53,120 170,733
Median Age: 49.65 41.61 40.16
Households: 951 22,294 68,116

Contact

Photograph of Listing Agent

Ray Regan

R3/CRE CARNM CIE Member
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