CRE Admin

Corrales, NM Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Corrales, New Mexico Market population: 8K. Compare commercial properties across all major asset classes...

Advertisement
Cap Rate: Any NOI: Any Tax Rate: Any Price: Any Size: Any
Clear All
No properties found matching your criteria. Here are some featured properties.
12 properties found
REI Capital advisor
Investor Pitch Deck

Don’t just search properties. See why investors choose REI Capital.

Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.

REI Capital advisor
⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Corrales NM Properties: 1.0900%

⭐ Featured

High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Corrales NM

Common questions from investors exploring commercial real estate in Corrales NM.

What is the overall investment potential of Corrales, NM, considering its demographic and economic factors? +
Corrales, NM, with its median household income of $80,840 and a relatively low poverty rate of 6.0%, presents a stable investment market. The high health insurance coverage rate of 94.8% and a short average commute time of 29.1 minutes suggest a reliable and healthy workforce, which is further supported by its diverse economy, including top industries like Wholesale Trade, Educational Services, and Health Care & Social Assistance.
How does the ethnic diversity and industry mix in Corrales, NM, impact the demand for real estate investments? +
The ethnic diversity in Corrales, NM, with top ethnicities being White (42.8%), White Non-Hispanic (34.3%), and Hispanic (14.1%), contributes to a culturally rich community. Combined with its industry mix, including Wholesale Trade, Educational Services, and Health Care & Social Assistance, this diversity suggests a strong and varied demand for housing, making it an attractive location for real estate investments. The foreign-born rate of 7.8% also indicates potential for international investment interest.
What insights can be gained from the commute times and health insurance coverage rates in Corrales, NM, for real estate investment purposes? +
The average commute time of 29.1 minutes in Corrales, NM, along with the preferred commute methods of driving alone, working at home, or carpooling, indicates a well-planned infrastructure that supports both residents and businesses. When combined with the high health insurance coverage rate of 94.8%, it suggests a population with access to healthcare, which can contribute to a stable and reliable tenant base for real estate investments.
How do the poverty rate and employment population in Corrales, NM, influence the quality of tenants and the overall real estate market? +
The poverty rate of 6.0% in Corrales, NM, is relatively low, which, when considered alongside the employed population of 3,777 and the median household income of $80,840, suggests a strong and stable workforce. This demographic profile indicates a lower risk for investors, as it points to a population capable of affording housing, thereby influencing the quality of tenants and contributing to a healthy real estate market.
What role do the median property value and homeownership rate play in assessing the real estate investment potential in Corrales, NM? +
The median property value of $427,700 and the high homeownership rate of 90.8% in Corrales, NM, are indicative of a strong and stable real estate market. These factors, combined with the median property taxes of $3,059, suggest that investments in this area could yield significant returns, especially considering the low poverty rate of 6.0% and the high health insurance coverage rate of 94.8%, which together paint a picture of a desirable and stable community for real estate investments.

Corrales NM Real Estate & City Facts

Key facts and real estate information about Corrales NM.

What are some of the best neighborhoods to live in Corrales? +
Some of the best neighborhoods to live in Corrales include Chimaja, which is known for its peaceful and quiet environment. The northeast parts of the city tend to be more desirable, while the northwest regions offer more affordable homes. Corrales is widely considered to be one of the best places to live in the Albuquerque area, with a strong sense of community and a quiet, peaceful atmosphere.
What are some fun things to do in Corrales? +
There are plenty of fun things to do in Corrales, including visiting the Corrales Growers market, exploring the Old San Ysidro Church, and attending the annual Garden Tour. The village also hosts several festivals and events throughout the year, such as the Harvest Festival, Scarecrow festival, and Starlight Parade. Additionally, visitors can enjoy outdoor activities like hot air balloon rides and hiking in the surrounding countryside.
What is the food scene like in Corrales? +
The food scene in Corrales is vibrant and diverse, with a range of restaurants serving everything from traditional New Mexican cuisine to contemporary American fare. Some popular restaurants in the area include Hannah & Nate's, Indigo Crow Cafe, and Restaurant Forty Nine Forty. There are also plenty of great food trucks and casual eateries to choose from, offering everything from tacos to barbecue.
What are the pros and cons of living in Corrales? +
The pros of living in Corrales include its peaceful and quiet atmosphere, strong sense of community, and easy access to outdoor recreation opportunities. However, some cons to consider include the village's relatively high cost of living, limited job opportunities, and limited public transportation options. Additionally, some residents may find the village's slow pace of life to be too quiet or boring at times.
Is Corrales a good place to live? +
Overall, Corrales is a great place to live for those who value a peaceful, quiet atmosphere and a strong sense of community. The village offers a unique blend of rural charm and urban convenience, with easy access to Albuquerque and the surrounding countryside. While it may not be the best fit for everyone, Corrales is definitely worth considering for those who are looking for a relaxed, small-town lifestyle with plenty of opportunities for outdoor recreation and cultural enrichment.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Corrales NM Commercial Property: $80,840

Advertisement
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

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

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

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

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

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

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
Advertisement
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

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

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

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

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

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)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
Advertisement
⭐ Featured

Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
Advertisement