4229 CORRALES Road, Corrales, NM 87048 (MLS# 1011015) -

4229 CORRALES Road, Corrales, NM 87048

$1,300,000

Property Type: Commercial Sale Lot Size (sq. ft.): 57,499 Status: Closed

Current Price: $1,300,000 List Date: 3/21/2022 Last Modified: 9/01/2022

Overview

Description

LOCATION LOCATION LOCATION!! Located in the heart of Corrales, you will find this amazing opportunity. Situated on 1.32 acres are 5 small units and 2 larger buildings. The units are perfect for leasing as living spaces as is one of the larger buildings. The largest building has tons of options that can be utilized. In the past has been used for a restaurant, an art gallery, a trading post, a barbershop, a daycare plus more. Also on the property are 2 garages plus a carport. One of the garages includes a raised door for larger vehicles. The options are endless!! With consideration to the location, which ever opportunities are acted upon can become a staple to the highly desired Corrales Village.

Listing Details MLS# 1011015

Status Change Info

Pending Date: 2022-03-28
Closing Date: 2022-07-05

Location

Street #: 4229
Street Name: CORRALES
St Suffix: Road
County: Sandoval
City/Town Code: Corrales
State/Province: NM
Zip Code: 87048
Zip +4: 9315
Directions: Going North on Corrales Road. Property will be on the west side of the street.
MLS Area Major: 130 – Corrales
Zone Atlas: NOZA
Other – See Remarks: Yes

General Property Description

Property Sub-Type: Mixed Use
Acres: 1.32
Lot SqFt: 57499.2
Apx Lot Dim Front: 66
Apx Lot Dim Side: 660
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: Yes
# Parking Spaces: 20
Docks: No
Disability Access: Unknown
% Occupied: 57
Transaction Type: Sale
# of Docks: 0
Door Height: No

Income Expenses

Annual Gross Income: 42000

Miscellaneous

Land Ownership: Land Owned

More Information

Sales Info

Trade/Xch Considered: No

Tax & Legal Info

UPC Code: 1016067039155
Short Legal Desc: LEGAL: S: 34 T: 12N R: 3E SUBD: LANDS OF PEREA PAULINE TRACT: B
GRT Code: 29-504
Tax Exemption: Unknown
Tax Annual Amount: 6805.4

Construction Materials

Adobe: Yes
Frame: Yes
Stucco: Yes

Cooling

Evaporative Cooling: Yes

Heating

Natural Gas: Yes

Income & Expenses

Annual Oper Expenses: 0
Lease Term/Months: Month to Month

Utilities

Cable Available: Yes
Electricity Available: Yes
Natural Gas Available: Yes
Phone Available: Yes
Sewer Available: Yes
Water Available: Yes

Features

Drive In: Yes
Private Restrooms: Yes
Security Lighting: Yes
Storage: Yes

Property Access

E Property Line: Yes

Road Surface Type

Gravel: Yes

Fencing

Fenced: Yes

Lease Information

Call List Office: Yes

Parking

Assigned: Yes
Guest Parking: Yes
On Site: Yes

Docs/Data Available

Existing Leases: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Zoning

CMU: Yes

Property Features

Location: Other – See Remarks; Other – See Remarks Construction Materials: Adobe; Frame; Stucco Property Access: E Property Line Road Surface Type: Gravel Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available Heating: Natural Gas Cooling: Evaporative Cooling Features: Drive In; Private Restrooms; Security Lighting; Storage Fencing: Fenced Lease Information: Call List Office Parking: Assigned; Guest Parking; On Site Finance Considered: Cash; Conventional Zoning: CMU

Listing Office: Keller Williams Realty

Last Updated: September – 01 – 2022

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