303 Coors BlvdAlbuquerque, NM 87121

Property Details for 303 Coors Blvd

Year built

2019

Lot size

0.56 AC

Property size (Sq ft)

3,280 SF

Property type

Retail properties

Property subtype

Retail space

APN

1-010-057-484-396-1-01-17

APU

101005748439610117

Description

This exceptional 1,893 square foot retail space is situated on a 0.56-acre lot at the highly visible intersection of Coors Blvd NW and Bluewater Rd in Albuquerque, New Mexico. The property boasts a convenient drive-thru, perfect for quick-service restaurants or similar businesses. Located in Bernalillo County, this single-story building features 16 parking spaces, ensuring ample customer convenience. The zoning is designated MX-M, offering flexibility for a variety of retail uses. The property is an end-cap unit, providing excellent visibility and accessibility from Coors Blvd. With a total of one building suite, this space presents a unique opportunity for a single tenant or a smaller multi-tenant operation. The address is 303 Coors Blvd NW, Albuquerque, NM 87121. This is a rare opportunity to acquire a well-located, drive-thru-ready retail space in a thriving Albuquerque market. The property's strategic location and versatile zoning make it an ideal investment for businesses seeking high visibility and convenient access. The ample parking further enhances the property's appeal to potential tenants and customers. Don't miss this chance to secure a prime retail location in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $696,781

  6.5%

  $643,183

  7%

  $597,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $712,220

  Geo Method

  $682,904

• Alternative Use

  Use

  Valuation

  Residential

  $542,549

  Hospitality

  $496,972

  Educational

  $413,475

  Medical

  $427,695

  Retail

  $643,183

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0837

Longitude

-106.711

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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