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301 San Mateo BlvdAlbuquerque, NM 87108

Massive Retail Space, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 206,278 square foot former Walmart Supercenter presents a unique investment opportunity in Albuquerque, New Mexico. Situated on a substantial 17.6-acre lot at 301 San Mateo Blvd SE, this single-story, 1994-built building offers significant potential for owner-users or redevelopment. The property is entirely vacant, providing a blank canvas for a variety of uses. Its prime location within Bernalillo County, in a densely populated, in-fill area, offers unparalleled access to a substantial customer base. The surrounding area boasts key amenities including the University of New Mexico campus, Albuquerque International Airport, and two major medical facilities (UNMH and Presbyterian Hospital), along with established residential neighborhoods. This high-traffic location, visible and accessible from a major arterial, benefits from 360-degree population density. The existing structure offers considerable cost savings compared to new construction, a significant advantage given the scarcity of similarly sized development parcels in this area. This is a rare chance to acquire a large-scale retail property in a thriving Albuquerque market. The property's zip code is 87108.

Highlights

  • Rare large-format retail box, 206,278 SF.
  • Existing building on a 17.6-acre lot in a densely populated Albuquerque infill location.
  • Built in 1994.
  • Mixed-Use - Moderate Intensity Zone District (MX-M) zoning.
  • High traffic counts with nearby retail and restaurants.
  • Proximity to UNM, Kirtland AFB, and Albuquerque International Sunport.

Property Details for 301 San Mateo Blvd

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
206,278 SF
Year Built
1994
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
206,278 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.075618579463
Longitude
-106.58833806759
301 San Mateo Blvd, Albuquerque, New Mexico

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301 San Mateo Blvd
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