750 Meadow Lake Road, Los Lunas, NM 87031
$375,000
Property Type:
Commercial Sale
Square Footage:
2,304
Lot Size (sq. ft.):
24,050
Status:
Closed
Current Price:
$375,000
List Date:
4/30/2013
Last Modified:
2/27/2017
Description
This is a convenience store and gasoline station with a 2800 square foot custom 4 bed house nearby. Total land for both properties is 1.5 acres. This is a virtual monopoly because the nearest market and gas station is 12 miles away. This store currently churns out $90,000 in net profits. The Store and the Home can be sold separately or together.
More Information MLS# 758023
Status Change Info
Pending Date: 2013-08-07
Closing Date: 2013-10-14
Contract Information
Listing Price: 375000
Current Price: $375,000
List Price/SqFt: 162.76
Status: Closed
Location
Street #: 750
Street Name: Meadow Lake
St Suffix: Road
County: Valencia
City/Town Code: Los Lunas
State/Province: NM
Zip Code: 87031
Directions: From I-25 and I-40 in Abq. go south to exit #47 continue south thru Isleta Reservation thru Bosque Farms & Peralta to Los Lunas. Veer Left & continue South on #47 to N. El Cerro Loop, Go East 3 miles to Meadow Lake Rd. Continue 9 miles to property.
Geo Lat: 34.804727
Geo Lon: -106.54601
Area: 720 - Meadowlake/El Cerro
Zone Atlas: EEE20
General Property Description
Property Sub-Type: Restaurant
Apx Structured SqFt: 2304
SqFt Source: Professional
Acres: 0.55
Lot SqFt: 24050
Apx Lot Dim Front: 130.00
Apx Lot Dim Side: 185.00
Lot Size Source: Broker
Total # Stories: 1
# Parking Spaces: 15
Docks: No
Door Height: 8.00
Disability Access: Yes
% Occupied: 100
Transaction Type: Sale
Tax & Legal Info
UPC Code: 1020038230260000000
Short Legal Desc: MEADOW LAKE SUBDIVISION UNIT 3 TRACT 23 000
GRT Code: 14-014
Current Taxes: 1040.3
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 88962
Annual Gross Income: 121526
Annual Insurance: 6521
Annual Utilities: 13783
Annual Bldg Maint: 4780
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: Yes
Zoning
Zoning Verified: Yes
Property Features
Location: Freestanding; Highway Frontage; Rural; Freestanding; Highway Frontage; Rural
Construction: Frame
Exterior Material: Stucco
Property Access: N Property Line
Road Surface Type: Paved
Utilities: Community Water; Electricity Available; LP Propane; Propane Leased
Heating: LP Gas Owned
Cooling: Evaporative Cooling
Features: 220 Power; 3 Phase; 440 Power; Public Resrooms; Security Lighting; Security System
Lease Information: Call List Office
Docs/Data Available: Disclosure Statement
Finance Considered: Cash; Conventional; Owner Financing; Other - See Remarks
Trade/Xch Terms: Trade for Home (L); Trade for Other RE; Trade for Pers Prop
Zoning: C-2
Listing Office: Broadcast Realty, LLC
Last Updated: February - 27 - 2017
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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