6911 Taylor Ranch RdAlbuquerque, NM 87120

Property Details for 6911 Taylor Ranch Rd

Year built

1998

Lot size

5.88 AC

Property size (Sq ft)

20,981 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1-011-063-380-122-4-09-25

APU

101106338012240925

Description

This meticulously maintained retail center in Albuquerque, New Mexico, presents a fantastic investment opportunity. Located at 6911 Taylor Ranch Rd NW, 87120, this property offers two available retail spaces, ideal for a variety of businesses. One space measures 1,405 square feet, while the other is slightly larger at 1,554 square feet. The center is zoned MX-M, allowing for diverse commercial uses. The property boasts ample parking for customers and employees, ensuring convenient access. A key advantage is the prominent building signage, providing excellent visibility and brand recognition for tenants. The property benefits from a responsive and attentive landlord, committed to maintaining a positive tenant experience. This strong neighborhood shopping center is situated in a thriving area of Albuquerque, offering high potential for growth and return on investment. The multiple tenancy structure provides flexibility and diversification for potential investors. This is a rare opportunity to acquire a well-maintained, strategically located retail property in a desirable Albuquerque neighborhood. The property's features, combined with its prime location, make it an attractive option for both established businesses and new ventures. Contact us today to learn more about this exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,417,275

  6.5%

  $4,077,484

  7%

  $3,786,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,502,544

  Geo Method

  $4,368,294

• Alternative Use

  Use

  Valuation

  Residential

  $3,439,511

  Hospitality

  $3,150,573

  Educational

  $2,621,240

  Medical

  $2,711,388

  Retail

  $4,077,484

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.1633

Longitude

-106.697

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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