13139 Central AveAlbuquerque, NM 87123

Property Details for 13139 Central Ave

Year built

1990

Lot size

0.67 AC

Property size (Sq ft)

12,834 SF

Property type

Hotels

Property subtype

Motels

APN

1-022-056-449-417-1-07-27

APU

102205644941710727

Description

This exceptional commercial property, located at 13139 Central Avenue NE in Albuquerque, New Mexico, presents a significant investment opportunity. Boasting a substantial 12,834 square feet of space, this property sits on a 0.67-acre lot, offering ample room for expansion or outdoor operations. The building's versatile "Other" classification allows for a wide range of potential uses, making it ideal for businesses seeking a flexible and adaptable workspace. The property's prime location on Central Avenue NE provides excellent visibility and accessibility, ensuring high traffic and convenient access for employees and customers. The asking price of $3,200,000 reflects the significant value and potential this property offers. Given its size, location, and versatility, this property is well-suited for a variety of commercial ventures and represents a strong investment in the Albuquerque market. Serious inquiries are encouraged to explore the possibilities this unique property presents. The property's substantial size and prime location make it an attractive option for businesses seeking a prominent presence in a thriving area of Albuquerque. Further details and potential uses can be discussed upon request. Don't miss this chance to acquire a substantial commercial property in a desirable Albuquerque location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,106,603

  6.5%

  $1,944,556

  7%

  $1,805,660

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,598,788

  Geo Method

  $2,491,811

• Alternative Use

  Use

  Valuation

  Residential

  $2,122,890

  Hospitality

  $1,944,556

  Educational

  $1,617,848

  Medical

  $1,673,488

  Retail

  $2,516,652

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0689

Longitude

-106.5

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].