2 Coronado Road Algodones, NM ^$ 800,000

2 Coronado Road

^$ 800,000

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2 Coronado Road

Algodones, NM, 87001

^$ 800,000

Studio Baths0.0

Monthly Estimate*

^$ 5,588

2 Coronado Road, Algodones, NM 87001 - Image 1

2 Coronado Road, Algodones, NM 87001 - Image 2

2 Coronado Road, Algodones, NM 87001 - Image 3

2 Coronado Road, Algodones, NM 87001 - Image 4

2 Coronado Road, Algodones, NM 87001 - Image 5

2 Coronado Road, Algodones, NM 87001 - Image 6

2 Coronado Road, Algodones, NM 87001 - Image 7

2 Coronado Road, Algodones, NM 87001 - Image 8

Studio

Commercial Property for sale in Algodones, NM

for $800,000. The lot size is 1.78.

PACKAGE DEAL!!! Two adjacent COMMERCIAL/RESIDENTIAL lots totaling in 1.78 acres! Easy access and great exposure to IH-25, both lots do face the freeway. There is a mobile home rental on each lot, both are currently leased. 4 Coronado has 3 bedrooms and 2 bathrooms. 2 Coronado has 5 bedrooms and 3 bathrooms! These can make great for rental income or as offices. These properties have existing large private billboards and iron post fencing. Strategically located between major cities such as Albuquerque, Rio Rancho and Santa Fe. Survey available upon request!

Commercial Active

Price

^$ 800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 178

Style

MixedUse

Lot Size

1.78

Town/City

Algodones

County/Region

Sandoval

MLS | Web ID

1058199

Features

General

Heating Other SeeRemarks

Cooling EvaporativeCooling

Utilities ElectricityConnected NaturalGasConnected WaterConnected

Construction Materials Frame WoodSiding

Property SubType MixedUse

Gross Income 42000.0

Community Features FencedYard

Accessibility None

County Sandoval

Operating Expense 5900.0

Insurance Expense 1700.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Building Features Other SeeRemarks

Status Active

Directions North on I25. Merge right onto frontage road. Take a right. Take a left at the stopping. Property will be to the right.

City Algodones

Buyer Agent Compensation 2%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description MU-A

MLS Area 170 - Bernalillo/Algdones

Lot Size Square Feet 77537.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Coronado

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 178.0

Home Warranty Y/N N

Ok to Lease MonthToMonth

Lease Renewal Y/N N

Additional Parcels Y/N N

Leasable Area 100.0

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Lease Type None

Standard Status Active

Exterior

Fencing YardFenced

Parking Features OnSite

Total Parking 100.0

Spa N

Lot Size Acres 1.78

Road Surface Type Paved

Lot Size Source PublicRecords

Road Frontage Type Freeway Highway Interstate

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Electric On Property Y/N N

* Excluded Features

List By

TRUE Real Estate Partners

Listing Agent

Keller Williams Realty

Broker

trueestatesnewmexico@gmail.com

Affordability Calculator

$5,603

Per Month

Monthly Principal & Interest: $5,588
Monthly Property Taxes: $15
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Algodones, NM

Average List Price ^$800,000

Percent of Sale Price 0%

About Algodones, NM

1,126 Population

51% Since 2002

^$53,480 Median Income

31.22 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/5/2024	$800,000		Listed Price

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2 Coronado Road, Algodones, NM, 87001 is a Commercial Property for sale at $800,000 with a lot size of 1.78. 2 Coronado Road is a studio with 0.0 baths. The property's zip code is 87001 which is in Algodones, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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2 Coronado Road

Commercial Property for sale in Algodones, NM

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