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    119 San Pasquale Ave SW Albuquerque, NM 87104

    Sponsored
    For Sale
    $1,020,000

    COMMERCIAL - Albuquerque, NM

    Lot size:
    0.46 Acres
    Days on Market:
    120
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 119 San Pasquale Ave SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security
    APN
    101305815520531408
    Parking
    32
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Floors in Building
    1
    Building materials
    Block

    exp realty, llc (505) 328-4892 [email protected]

    Listing agent Jimmie D Norris (505) 234-6225 License #52531

    Listing date Sep 8, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property Near Old Town

    This mixed-use property, located near downtown and historic Old Town in Albuquerque, New Mexico, presents an investment opportunity with a 7.5% Cap Rate. The property, with approximately 5,000 square feet, is divided into three suites: a 3,000 square foot restaurant/bar space and a 2,000 square foot retail space. Each suite is self-contained with its own restroom. Both suites are occupied with recent leases. The lot size is 0.46 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cheese and Coffee Sandwich Shop House Of Beauty Hair Salon Flowers and Herb Markets Florist Seared Bistro Albuquerque American Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.669349
    Latitude
    35.092926

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property near downtown and historic Old Town Albuquerque.
    Where is this mixed-use property located?
    The property is located at 119 San Pasquale Ave SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,020,000.
    What are key features of this property?
    This property features: - **7.5% Cap Rate presents an exceptional investment opportunity.**; - Mixed-use property with restaurant, bar, and retail spaces offers versatile income streams.; - Ideally situated near downtown and historic Old Town Albuquerque.
    (505) 234-6225
    Request Owner's contact information
    119 San Pasquale Ave SW Albuquerque, NM 87104
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    Albuquerque, NM 87104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 San Pasquale Ave SW Albuquerque, NM 87104
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