430 Isleta BlvdAlbuquerque, NM 87105

Property Details for 430 Isleta Blvd

Year built

1944

Lot size

0.94 AC

Property size (Sq ft)

1,473 SF

Property type

Turn key restaurants

APN

1-013-056-219-175-3-10-02

APU

101305621917531002

Description

This exceptional investment opportunity presents a 5,700 square foot commercial property situated on a 1.23-acre lot at 430 ISLETA Boulevard SW in Albuquerque, New Mexico. The property boasts excellent visibility due to its prime location on Isleta Boulevard. Currently, the space is fully leased to multiple tenants, providing immediate and consistent cash flow. A significant portion of the property is occupied by a muffler shop operating under a lease with two years remaining. The warehouse space is currently leased with an expiration date of March 2025. This presents a strong, diversified income stream for the investor. The property's multi-tenant configuration offers flexibility for future management and potential rental income growth. The asking price is $750,000, and owner financing may be available, making this an attractive proposition for buyers seeking a stable, income-generating asset in a desirable Albuquerque location. This is an ideal opportunity for both owner-operators seeking to expand their business and investors looking for a high-return, low-risk investment. The long-term leases in place minimize vacancy risk and ensure a steady stream of rental income. The property's size and location make it suitable for a variety of commercial uses, offering significant potential for future appreciation. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $312,915

  6.5%

  $288,844

  7%

  $268,212

• Comparable approach

  Method

  Valuation

  Relative Method

  $319,848

  Geo Method

  $306,682

• Alternative Use

  Use

  Valuation

  Residential

  $243,651

  Hospitality

  $223,183

  Educational

  $185,686

  Medical

  $192,072

  Retail

  $288,844

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0634

Longitude

-106.667

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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