4 Gregory Eiler Rd

Multi-Family: Low-Rise

4 Gregory Eiler Rd, BelenNM 87002

Property Details

Location

Address
4 Gregory Eiler Rd, BelenNM 87002
County
Valencia
Submarket
Parcels
R083230

Building Size

Building Size
12,392 SF
Rentable Space
12,392 SF

Building Details

Type
 Multi-Family: Low-Rise
Number of Buildings
3
Number of Units
6
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Total Parking
15
Parking Ratio

Land & Utilities

Land (Acres)
2.82 Acres
Land (SF)
122,839 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
COMMERCIAL; C-1
Lot Depth
450 ft
Lot Width
300 ft

Contacts

Current Listings

6 Units 2.82 Acres Future Expandability C1 Zoned Belen By~Pass

12,392 SF$1,150,000
Cap Rate: 5%

Townhome/Commercial development Located just 1 mile from the North I-25 Belen Exit. There are 3 structures on this 2.82 Acre property (Presently 12,392 sq-ft of existing rentable space) with room to expand. This well-built metal roof and brick exterior C-1 Zoned property has high capacity commercial sewer lines in place in anticipation of further expansion.

The southernmost structure has 4 large units with a Total of 9070 sq-ft (~2267 sq-ft ea.). Separately metered for electric and gas.

The centrally located structure has 2 existing units with a total of 1843 sq-ft (One complete unit with 1100 sq-ft. The second unit has 743 sq-ft and is approx. 75% complete. Once complete this would be a 7th unit). Additionally, this structure has a 2655 sq-ft metal roof shell in place which was intended to be enclosed to develop 4 more units (this would be 11 units once completed).

The Northern structure has a Residential/Commercial 2222 sq-ft building with + 756 sq-ft garage.

Townhomes and Home are on commercial well.

Townhomes may be subdivided and sold for additional potential profit

THINK POTENTIAL. These Units are Large, with Expansive Hallways. This site would be IDEAL for a Group Home or a Elder Care Facility.. and.. These units have LARGE enclosed but accessible back yards. Develop more Townhomes or sub divide and go Commercial on the Northern end abutting the By-pass.

Townhome/Commercial development Located just 1 mile from the North I-25 Belen Exit. There are 3 structures on this 2.82 Acre property (Presently 12,392 sq-ft of existing rentable space) with room to expand. This well-built metal roof and brick exterior C-1 Zoned property has high capacity commercial sewer lines in place in anticipation of further expansion.

The southernmost structure has 4 large units with a Total of 9070 sq-ft (~2267 sq-ft ea.). Separately metered for electric and gas.

The centrally located structure has 2 existing units with a total of 1843 sq-ft (One complete unit with 1100 sq-ft. The second unit has 743 sq-ft and is approx. 75% complete. Once complete this would be a 7th unit). Additionally, this structure has a 2655 sq-ft metal roof shell in place which was intended to be enclosed to develop 4 more units (this would be 11 units once completed).

The Northern structure has a Residential/Commercial 2222 sq-ft building with + 756 sq-ft garage.

Townhomes and Home are on commercial well.

Townhomes may be subdivided and sold for additional potential profit

THINK POTENTIAL. These Units are Large, with Expansive Hallways. This site would be IDEAL for a Group Home or a Elder Care Facility.. and.. These units have LARGE enclosed but accessible back yards. Develop more Townhomes or sub divide and go Commercial on the Northern end abutting the By-pass.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CARNM

More Information

©Copyright 2001-2021 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither CARNM nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.