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    400 San Felipe St NW Albuquerque, NM 87104

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    For Lease
    $2,338 /Mo ($1.90 SF/Yr)

    Prime retail space in the heart of Albuquerque's Old Town.

    Property size:
    14,735 SF
    Lot size:
    14,735 SF

    Property Features for 400 San Felipe St NW

    General Information

    Size
    14,735 SF

    Source: Janet Horton Agent Janet Horton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Old Town

    Located at 400 San Felipe, this property offers a versatile space for lease, suitable for retail or street retail operations. The property features an old world charm, designed to maximize visibility and attract foot traffic. The location provides easy street access for both tenants and patrons. Situated in Albuquerque's Old Town, the area blends traditional charm with modern appeal. Nearby, Old Town Plaza features boutiques, art galleries, and Southwestern eateries. The location also provides easy access to the Rio Grande Bosque trails. The area surrounding 400 San Felipe is suited to retailers seeking a unique space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blue Moon Marketplace Gift Shop Santa Fe Silver Jewelry Store Blackstone Native American Goods Store Next Level Tees ... Clothing Store Patio San Felipe ... Shopping Mall

    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
    -106.6690705
    Latitude
    35.0973202

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in the heart of Albuquerque's Old Town.
    Where is this retail space located?
    The property is located at 400 San Felipe St NW Albuquerque, NM.
    What is the lease rate?
    The lease rate is $1.90 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Albuquerque's Old Town, a high-traffic tourist destination.; - Ideal for retail or street retail operations.; - Versatile space suitable for showcasing a brand.
    (505) 488-1835
    Request Owner's contact information
    400 San Felipe St NW 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
    400 San Felipe St NW Albuquerque, NM 87104
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