Ranch Style Home on Nearly 10 Acres! | 94 High Mesa Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Ranch Style Home on Nearly 10 Acres! 94 High Mesa Rd
3,729 SF Light Industrial Building Los Lunas, NM 87031 £411,815 (£110/SF) 11.49% Net Initial Yield
Investment Highlights
- Grazing Pasteur Land
- Mother-In-Law Suite
- Large Metal Barn / Workshop
- Atrium with Lots of Natural Lighting
- Private Well
- Property Potential for Commercial Cannabis
Executive Summary
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!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- 24 Hour Access
- Fenced Lot
- Roof Lights
- Yard
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas - Propane
- Water - Well
- Sewer - Septic Field
- Heating - Gas
1 of 1
zoning
| Zoning Code | R-1 (Residential) |
| R-1 (Residential) |
-
Hayley McInnes -
Monique Ortega -
R1
1 of 22
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Ranch Style Home on Nearly 10 Acres! | 94 High Mesa Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.