5600 Coors BlvdAlbuquerque, NM 87120

Property Details for 5600 Coors Blvd

Year built

2017

Lot size

12.28 AC

Property size (Sq ft)

62,654 SF

Property type

Retail space

APN

1-012-062-150-061-3-12-02

APU

101206215006131202

Description

This exceptional 13.65-acre retail property, located at 5600 Coors Blvd NW in Albuquerque, New Mexico, presents a significant investment opportunity. Situated at the prominent intersection of Coors and Montano, this single-story building boasts a prime location with high visibility and accessibility. The property is zoned PD, offering flexibility for a variety of uses, including retail, restaurant, and medical facilities. Its multiple tenancy allows for diverse income streams and potential for expansion. The address is easily accessible from major roadways, ensuring high traffic flow and exposure to a large customer base. The property's size and zoning provide ample space for development or redevelopment, catering to a range of business needs. Located in Bernalillo County, zip code 87120, this Albuquerque property offers a strategic location within a thriving commercial area. The property's single-story design provides ease of access and functionality for various businesses. This is an ideal opportunity for investors seeking a high-return investment in a prime Albuquerque location. The property's versatility and strategic location make it an attractive option for a wide range of businesses seeking to establish or expand their presence in the Albuquerque market. This is a rare opportunity to acquire a substantial retail property in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $13,190,987

  6.5%

  $12,176,295

  7%

  $11,306,560

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,445,624

  Geo Method

  $13,044,713

• Alternative Use

  Use

  Valuation

  Residential

  $10,271,161

  Hospitality

  $9,408,328

  Educational

  $7,827,618

  Medical

  $8,096,822

  Retail

  $12,176,295

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1469

Longitude

-106.688

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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