4201 Central AveAlbuquerque, NM 87105

Property Details for 4201 Central Ave

Year built

1968

Lot size

0.14 AC

Property size (Sq ft)

1,930 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

1-017-057-209-232-3-48-01

APU

101705720923234801

Description

Atrisco Plaza, located at 4201 Central Ave NW in Albuquerque, New Mexico, presents a compelling investment opportunity. This multi-tenant property boasts a total of 195,931 square feet of space, encompassing both medical and traditional office uses, as well as retail components. Situated in the SW Albuquerque submarket within the Albuquerque MSA, in Bernalillo County, this property offers excellent accessibility and visibility. Currently, there are five available spaces ranging in size from 536 square feet to 30,070 square feet, providing flexibility for various business needs. The property's diverse space options cater to a wide range of tenants, from small medical practices to larger corporate offices. The strategic location within the vibrant Albuquerque MSA ensures high traffic and exposure, making it an ideal location for businesses seeking a strong presence in the market. The property's zip code is 87105. Further details regarding lease terms and specific space availability are available upon request. This is a rare opportunity to acquire a significant commercial property in a thriving Albuquerque neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $409,997

  6.5%

  $378,458

  7%

  $351,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $419,081

  Geo Method

  $401,831

• Alternative Use

  Use

  Valuation

  Residential

  $319,244

  Hospitality

  $292,426

  Educational

  $243,295

  Medical

  $251,662

  Retail

  $378,458

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0793

Longitude

-106.597

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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