Bernalillo, NM High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bernalillo, New Mexico Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Bernalillo NM Properties: 1.3800%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Bernalillo NM
Common questions from investors exploring commercial real estate in Bernalillo NM.
What's the overall investment potential of Bernalillo, NM, considering its demographics and economy?
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Bernalillo's diverse population, with top ethnicities including Hispanic (34.4%), White (30.1%), and White Non-Hispanic (13.5%), combined with a median household income of $39,875 and an employed population of 3,499, suggests a stable market with potential for growth, especially given the relatively high homeownership rate of 75.0% and low average commute time of 23.8 minutes.
How does the poverty rate and health insurance coverage impact the quality of tenants in Bernalillo?
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The 18.8% poverty rate in Bernalillo, although a concern, is somewhat mitigated by the 84.8% health insurance coverage, indicating a level of employment stability and access to healthcare among the population, which can contribute to a more reliable tenant base, especially when considering the top industries such as Public Administration and Professional, Scientific, & Management services.
What are the implications of the median property value and taxes for real estate investors in Bernalillo?
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With a median property value of $121,400 and median property taxes of $2,249, Bernalillo presents a relatively affordable investment opportunity, especially considering the city's diverse economy, driven by industries like Agriculture, Forestry, Fishing & Hunting, & Mining, and a foreign-born rate of 11.1%, which can contribute to a dynamic and growing community.
How does the commute time and method impact the desirability of properties in Bernalillo for renters?
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The average commute time of 23.8 minutes in Bernalillo, with top commute methods including driving alone, working from home, and carpooling, suggests a convenient and flexible transportation situation, which, combined with the city's median age of 35.3 and a high school graduation rate of 85.2%, makes properties in this area attractive to a wide range of renters, including families and professionals.
What role does ethnic diversity and industry variety play in the demand for housing in Bernalillo?
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The ethnic diversity in Bernalillo, with significant Hispanic, White, and White Non-Hispanic populations, alongside a variety of top industries including Public Administration, Professional services, and Agriculture, indicates a robust and multifaceted community, which can drive a consistent demand for housing, supported by a GINI coefficient of 0.468, suggesting a level of income inequality that, while present, does not overly dominate the economic landscape.
Bernalillo NM Real Estate & City Facts
Key facts and real estate information about Bernalillo NM.
What are some of the best neighborhoods to live in Bernalillo?
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Some of the best neighborhoods to live in Bernalillo include the west parts of the city, which tend to be more desired, and the southeast regions, which offer more affordable homes. You can also consider living near the Rio Rancho area, which has a treasure trove of fast food places, good restaurants, and shopping centers.
What are some fun things to do in Bernalillo?
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There are plenty of fun things to do in Bernalillo, including visiting the Coronado Historic Site, Pueblo of Santa Ana, and Sandia Lakes Recreation Area. You can also explore the nearby cities, such as Albuquerque, and check out the Balloon Fiesta Park, University of New Mexico, and Old Town.
What is the food scene like in Bernalillo?
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The food scene in Bernalillo is vibrant and offers a mix of traditional New Mexican cuisine and modern twists. You can find great restaurants like The Range, Abuelita's New Mexican Restaurant, and Los 6 Hermanos, which serve delicious dishes like carne asada super nachos and fresh, local flavors. There are also plenty of great food trucks and cafes to explore.
What are the pros and cons of living in Bernalillo?
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The pros of living in Bernalillo include its peaceful and quiet neighborhoods, breathtaking views, and rich history. However, some cons include the limited job opportunities and higher cost of living compared to other parts of the state. Additionally, the city's remote location may make it difficult to access certain amenities and services.
Is Bernalillo a good place to live?
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Bernalillo can be a great place to live for those who value a peaceful and quiet lifestyle, rich history, and natural beauty. While it may have some drawbacks, such as limited job opportunities and higher cost of living, the city's unique charm and strong sense of community make it an attractive option for many people. Ultimately, whether Bernalillo is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Bernalillo NM Commercial Property: $39,875
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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