4201 San Mateo BlvdAlbuquerque, NM 87110

Property Details for 4201 San Mateo Blvd

Year built

1961

Lot size

0.53 AC

Property size (Sq ft)

1,620 SF

Property type

Retail space

APN

1-017-060-519-409-1-15-19

APU

101706051940911519

Description

This exceptional 1,620 square foot retail property, situated on a 0.46-acre lot in Albuquerque, New Mexico, presents a unique investment opportunity. Located at 4201 San Mateo Blvd NE, zip code 87110, this single-tenant building is currently vacant and ready for immediate occupancy. The property boasts a highly desirable drive-thru pad configuration, ideal for quick-service restaurants, coffee shops, or similar businesses seeking convenient customer access. The zoning designation is MX-L, allowing for a variety of commercial uses. The building's total square footage is 1,620 square feet, all of which is currently available. This prime location in Bernalillo County offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking high foot traffic and convenient customer access. The property's size and configuration provide ample space for both interior operations and exterior drive-thru functionality. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $341,071

  6.5%

  $314,835

  7%

  $292,346

• Comparable approach

  Method

  Valuation

  Relative Method

  $347,655

  Geo Method

  $337,288

• Alternative Use

  Use

  Valuation

  Residential

  $265,575

  Hospitality

  $243,265

  Educational

  $202,394

  Medical

  $209,354

  Retail

  $314,835

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1277

Longitude

-106.587

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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