3550 Isleta BlvdAlbuquerque, NM 87105
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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