9900 Avalon RdAlbuquerque, NM 87121

Property Details for 9900 Avalon Rd

Year built

2003

Lot size

0.78 AC

Property size (Sq ft)

4,218 SF

Property type

Retail space

APN

1-009-057-014-201-3-06-09

APU

100905701420130609

Description

This exceptional 0.79-acre pad site, located at 9900 Avalon Rd NW in Albuquerque, New Mexico (zip code 87121), presents a unique investment opportunity for quick-service restaurants (QSR). Boasting 3,000 square feet on a single-story building, this vacant property is situated on a signalized intersection, offering unparalleled visibility and accessibility. The site benefits from its strategic location—the first signal off Interstate 40—ensuring high traffic volume exceeding 36,000 cars daily. Surrounded by thriving QSR establishments, this property is ideally positioned within Albuquerque's fastest-growing commercial area. The MX-M zoning permits QSR development. The asking price is $1,700,000, and the property is offered as a ground lease. This is a rare chance to establish a presence in a high-demand, high-visibility location. Don't miss this opportunity to capitalize on the significant growth potential of this prime Albuquerque real estate.

• CAP approach

  CAP return

  Valuation

  6%

  $896,044

  6.5%

  $827,117

  7%

  $768,038

• Comparable approach

  Method

  Valuation

  Relative Method

  $915,898

  Geo Method

  $878,198

• Alternative Use

  Use

  Valuation

  Residential

  $697,704

  Hospitality

  $639,094

  Educational

  $531,718

  Medical

  $550,005

  Retail

  $827,117

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0783

Longitude

-106.745

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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