94 High Mesa Rd - Flex FOR SALE


Los Lunas, NM 87031
$525,000 USD
575-808-2830
94 High Mesa Rd, Los Lunas, NM for Sale
$525,000 USD
Flex - FOR SALE
1/21
null | 11.49% Cap Rate

94 High Mesa Rd
Los Lunas, NM 87031


HIGHLIGHTS

  • Grazing Pasteur Land
  • Atrium with Lots of Natural Lighting
  • Mother-In-Law Suite
  • Private Well
  • Large Metal Barn / Workshop
  • Property Potential for Commercial Cannabis

OVERVIEW

Property has potential use for Commercial Cannabis with a 7% to 11% Cap Rate! This one-of-a-kind Ranch Style Home on nearly 10 acres (with a private well) provides elevated rustic charm, with a breathtaking atrium that brings lots of natural light and tranquility into the home. Unwind in the spacious primary bedroom with a floor to ceiling fireplace. The elegant ensuite bathroom has been updated to feature a large tub, stand-alone shower, and a vessel sink. The carefully crafted kitchen with double sinks, marble tile countertops, and a serving hatch opening on either side of the kitchen makes it ideal for entertaining guests. Tucked away near the spacious living area are 2 beds / 1 bath. The 3rd bedroom can be used as a mother-in-law suite. The large barn/workshop is ideal for added storage or for commercial use. The covered corrals are perfect for horses/livestock!

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

11.49%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ranch Style Home on Nearly 10 Acres!

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

Lighting, Gas - Propane, Water - Well, Sewer - Septic Field, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

9.96

LAND SF

433,858

ZONING

R-1

APN/PARCEL ID

1-017-038-109-232-000000

ASK ABOUT THIS PROPERTY

575-808-2830

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575-808-2830

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