1625 Rio Bravo BlvdAlbuquerque, NM 87105

Property Details for 1625 Rio Bravo Blvd

Year built

1970

Lot size

5.36 AC

Property size (Sq ft)

56,611 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1-012-053-307-507-1-11-25

APU

101205330750711125

Description

This exceptional 10.98-acre retail property, known as Valle del Sol Shopping Center, presents a compelling investment opportunity in Albuquerque, New Mexico. Located at 1625 Rio Bravo Blvd SW, Albuquerque, NM 87105, this single-story building boasts a prime location at the intersection of Isleta Blvd. and Rio Bravo, ensuring high visibility and accessibility. The property is classified as multi-tenant retail, suitable for a variety of businesses including restaurants and shops. Situated in Bernalillo County, this established center offers immediate income potential and significant upside for future growth. The property's size and strategic location make it an ideal investment for both seasoned and emerging investors seeking a strong foothold in the Albuquerque market. The single building structure simplifies management and maintenance, while the ample 10.98 acres provide potential for expansion or redevelopment. This is a rare opportunity to acquire a well-positioned retail center in a thriving New Mexico market. The property's address is easily accessible and benefits from high traffic counts due to its prominent location. Serious inquiries are encouraged to explore this lucrative investment opportunity further.

• CAP approach

  CAP return

  Valuation

  6%

  $12,026,089

  6.5%

  $11,101,005

  7%

  $10,308,076

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,292,568

  Geo Method

  $11,786,546

• Alternative Use

  Use

  Valuation

  Residential

  $9,364,113

  Hospitality

  $8,577,477

  Educational

  $7,136,360

  Medical

  $7,381,791

  Retail

  $11,101,005

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0287

Longitude

-106.682

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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