3550 Isleta BlvdAlbuquerque, NM 87105

For Lease
$408/SF/YR View listing
  • Drive through restaurants
  • 2,464 SF

Property Details for 3550 Isleta Blvd

Year built
1987
Lot size
0.77 AC
Property size (Sq ft)
2,464 SF
Property type
Drive through restaurants
APN
1-012-053-350-350-1-05-07
APU
101205335035010507

Description

This exceptional free-standing fast-food restaurant building presents a rare investment opportunity in Albuquerque's thriving South Valley submarket. Located at 3550 Isleta Blvd SW, near Rio Bravo, this single-tenant property boasts 2,464 square feet on a 0.77-acre lot. Built in 2015 and zoned SD-IVC, the property features a fully operational drive-thru system, making it ideal for quick-service restaurants. All necessary restaurant infrastructure is in place, though fixtures, furniture, and equipment are not included. Multiple access points ensure convenient entry and exit for customers. Situated in a high-traffic area with significant growth potential, this property offers established restaurateurs a chance to capitalize on a desirable location within Bernalillo County, New Mexico, zip code 87105. The building is one story and underwent renovations in 2015. This turnkey opportunity is perfect for those seeking a ready-to-operate fast-food establishment in a dynamic and growing market. Don't miss this chance to secure a prime location with all the essential amenities for a successful food service operation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $523,437
    6.5%
    $483,173
    7%
    $448,660
  • Comparable approach

    Method
    Valuation
    Relative Method
    $535,036
    Geo Method
    $513,011
  • Alternative Use

    Use
    Valuation
    Residential
    $407,574
    Hospitality
    $373,336
    Educational
    $310,611
    Medical
    $321,293
    Retail
    $483,173
3550 Isleta Blvd, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0246
Longitude
-106.681
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,772
$48,074
$129,421
$177,495
-
$144,236
$388,303
$532,539

FAQs

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