3.98 Acres on Camino Alto

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3.98 Acres on Camino Alto

Placitas, NM 87043
Asking Price
$195K
Asset Type
Industrial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial land parcel spanning 3.98 total acres
  • Total site area measures approximately 173,368 square feet
  • Offered for sale at a price of $195,000
  • Located in the growing Placitas, New Mexico market
  • Suitable for industrial storage or manufacturing development projects

What's Special

Industrial operations requiring flexible land use will find this 3.98-acre parcel on Camino Alto a practical choice in the Placitas market. Spanning 173,368 square feet, the property provides the necessary footprint for small-scale manufacturing, storage facilities, or equipment staging. Its positioning within the region offers a strategic buffer while maintaining access to transport routes throughout the Albuquerque metropolitan area, an environment characterized by steady industrial growth and diverse commercial activity. Buyers looking to secure land for development in Sandoval County can leverage this site to support long-term operational needs or speculative industrial projects. The expansive acreage allows for various configurations tailored to specific business requirements, making it a functional asset for investors or owner-occupiers seeking to establish or expand their footprint in this expanding submarket.

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NOI
$80,000
Cap Rate
41.03%
DSCR
6.91
Strong
Cash-on-Cash
116.96%
Monthly Payment
$964.754
Annual Cash Flow
$68,422.957

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