6301 Gibson BlvdAlbuquerque, NM 87108

Property Details for 6301 Gibson Blvd

Year built

1989

Lot size

0.91 AC

Property size (Sq ft)

2,760 SF

Property type

Drive through restaurants

APN

1-018-056-455-013-4-06-03

APU

101805645501340603

Description

This exceptional 0.91-acre retail pad, located at 6301 Gibson Blvd SE in Albuquerque, New Mexico, presents a unique opportunity for a single-tenant build-to-suit development. Situated in Bernalillo County, the property boasts an MX-L zoning designation, ideal for a variety of retail uses. The expansive lot size provides ample space for construction and potential future expansion. The address is easily accessible from Gibson Blvd SE, ensuring high visibility and convenient access for customers. This property is perfect for businesses seeking a prominent location in a thriving Albuquerque market. The single-tenant nature of the property offers simplicity and control for the developer. The property's location within Bernalillo County provides access to a robust infrastructure and a strong local economy. With its ideal zoning and ample space, this retail pad is poised for immediate development and long-term success. The zip code is 87108. This is a rare opportunity to secure a prime retail location in a desirable Albuquerque neighborhood. The property is ready for immediate development, offering a streamlined path to market entry. This build-to-suit opportunity allows for complete customization to meet specific business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $586,317

  6.5%

  $541,216

  7%

  $502,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $599,309

  Geo Method

  $574,639

• Alternative Use

  Use

  Valuation

  Residential

  $456,536

  Hospitality

  $418,184

  Educational

  $347,924

  Medical

  $359,890

  Retail

  $541,216

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0587

Longitude

-106.572

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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