4801 Alameda BlvdAlbuquerque, NM 87113

Property Details for 4801 Alameda Blvd

Year built

1999

Lot size

2.02 AC

Property size (Sq ft)

28,413 SF

Property type

Retail space

APN

1-017-064-356-390-1-11-13

APU

101706435639011113

Description

This exceptional retail space, located at 4801 Alameda Blvd NE in Albuquerque, New Mexico, presents a fantastic opportunity for businesses seeking a prime location in the North I-25 submarket. The property is a single-story, Class B strip center totaling 1,568 square feet, currently offering one available unit. The zoning designation is MX-L, allowing for a variety of retail uses. Situated in the vibrant Albuquerque submarket cluster, this property benefits from excellent visibility and accessibility, making it an ideal location to attract customers. The address is easily accessible from major roadways, ensuring high traffic flow and convenient access for both employees and customers. This space is perfect for a variety of retail businesses looking to establish or expand their presence in a thriving Albuquerque neighborhood. The building is well-maintained and offers ample parking for customers and employees. With its convenient location and versatile space, this property is an excellent investment opportunity for any retail business seeking a strong foothold in the Albuquerque market. The zip code is 87113. Serious inquiries are encouraged to explore this promising retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $5,981,996

  6.5%

  $5,521,842

  7%

  $5,127,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,097,474

  Geo Method

  $5,915,655

• Alternative Use

  Use

  Valuation

  Residential

  $4,657,881

  Hospitality

  $4,266,594

  Educational

  $3,549,756

  Medical

  $3,671,838

  Retail

  $5,521,842

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1851

Longitude

-106.592

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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