5409 Acoma RdAlbuquerque, NM 87108

Property Details for 5409 Acoma Rd

Year built

1956

Lot size

0.18 AC

Property size (Sq ft)

7,533 SF

Property type

Retail space

APN

1-018-057-050-089-3-14-07

APU

101805705008931407

Description

This exceptional freestanding retail property, located at 5409-5411 Acoma Rd SE in the Southeast submarket, offers two available spaces ideal for a variety of businesses. Built in 1956, the single-story building encompasses a total of 7,533 square feet, situated on a 0.18-acre lot (APN: 101805705008931407). The property is zoned C-3, allowing for diverse commercial uses. Each of the two available suites offers ample space, ranging from approximately 3,597 to 3,874 contiguous square feet, with a total of 7,471 square feet currently vacant. The building features robust three-phase power, boasting 800 amps total (400 amps per suite), making it suitable for businesses with significant power requirements. One suite includes two overhead doors, adding to its versatility. This property presents a unique opportunity for businesses seeking a well-located, spacious, and adaptable retail space in a thriving commercial area. The cannabis-friendly designation opens doors to a wider range of potential tenants. This is a rare opportunity to secure a prominent retail presence in a desirable Southeast location. The property's size and power capacity make it suitable for a variety of businesses, from retail shops to light industrial uses. The convenient location and ample parking add to its appeal.

• CAP approach

  CAP return

  Valuation

  6%

  $1,600,262

  6.5%

  $1,477,165

  7%

  $1,371,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,635,720

  Geo Method

  $1,568,389

• Alternative Use

  Use

  Valuation

  Residential

  $1,246,044

  Hospitality

  $1,141,369

  Educational

  $949,606

  Medical

  $982,264

  Retail

  $1,477,165

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0752

Longitude

-106.585

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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