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Retail Building Investment Opportunity
For Sale
$459,900

1001 SAN MATEO SE Boulevard, Albuquerque, NM 87108

Retail building with six units, strong investment potential.

Lot Size0.19 Acres
Days on Market547

Property Features for 1001 SAN MATEO SE Boulevard

General Information

Standard status Active
Lot size 0.19 Acres
Property subtype Commercial/Industrial
Listing Agency: Simply Real Estate
Listed By: Jonathan Nunez · License #REC20220574
Source: Exitrealty
Added: Jan 29, 2025 Changed: Jul 10 Last Checked: Jul 30 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Simply Real Estate

Investment Insights

Based on property information with market context.

This retail building features six units, presenting a strong investment opportunity. Two units are currently rented on a month-to-month basis. The property includes a TPO roof, six evaporative cooling units, and gas heaters in each suite. Each suite is equipped with half bathrooms. The building is suitable for retail or office use. The property offers the option to occupy one or both vacant units, utilize the entire building, or capitalize on its income-generating potential.

Key Highlights

  • Strong investment potential with six units.
  • Income‑generating potential from existing tenants.
  • Opportunity to occupy vacant units for retail or office use.

Property Analytics

Current Use

Fashion Thrift Store Clothing Store

Suggested Use

Top Pick HVAC Service Building Supply (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,706
Businesses Nearby
140k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 30% Electronics 6%
Dion's Pizza Dining
15,979 visits/mo 0.3 miles
Murphy USA Shops & Services
15,490 visits/mo 0.4 miles
Circle K Shops & Services
11,307 visits/mo 0.5 miles
Wells Fargo Shops & Services
10,649 visits/mo 0.3 miles
AutoZone Shops & Services
10,471 visits/mo 0.2 miles

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building with six units, strong investment potential.
Where is this retail space located?
The property is located at 1001 SAN MATEO SE Boulevard Albuquerque, NM.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Strong investment potential with six units.; Income‑generating potential from existing tenants.; Opportunity to occupy vacant units for retail or office use.
More about this property
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