1415 Carlisle BlvdAlbuquerque, NM 87110

Property Details for 1415 Carlisle Blvd

Year built

1956

Lot size

0.07 AC

Property size (Sq ft)

1,950 SF

Property type

Retail space

APN

1-016-058-517-288-1-10-28

APU

101605851728811028

Description

This exceptional 2,000-square-foot retail space is ideally situated on Albuquerque's bustling Carlisle Blvd NE, in the 87110 zip code. Boasting high visibility and traffic counts, this property presents a turnkey opportunity for a variety of businesses. Previously home to a successful frame shop for over 25 years, the space is currently vacant and ready for immediate occupancy. Recent upgrades include a one-year-old roof and a two-year-old HVAC system, ensuring low maintenance costs for the new owner. The 0.073-acre lot is zoned MX-L, offering flexibility for various commercial uses. Furniture, fixtures, and equipment (FF&E) are available for purchase separately, providing a seamless transition for a new business. The seller is motivated and open to owner financing, making this an attractive investment opportunity. This property is located in Bernalillo County, New Mexico, with the APN 101605851728811028. Don't miss this chance to secure a prime retail location in a thriving Albuquerque neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $414,245

  6.5%

  $382,380

  7%

  $355,067

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,424

  Geo Method

  $405,995

• Alternative Use

  Use

  Valuation

  Residential

  $322,552

  Hospitality

  $295,456

  Educational

  $245,816

  Medical

  $254,270

  Retail

  $382,380

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0955

Longitude

-106.605

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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