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    2400 Rio Grande Blvd NW Albuquerque, NM 87104

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    For Lease
    $12,500 /Mo ($134 SF/Yr)

    Retail space in established North Valley neighborhood center.

    Property size:
    1,119 SF
    Lot size:
    1.34 Acres

    Property Features for 2400 Rio Grande Blvd NW

    General Information

    Size
    1,119 SF
    Lot size
    1.34 Acres

    Source: Peterson Properties LLC Agent Vanessa Valadez

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

    Overview

    North Valley Neighborhood Retail Space

    This retail space is located in an iconic North Valley neighborhood center, one mile north of I-40. The property is anchored by La Montanita Co-op, which has been a tenant for 20 years. The property is locally owned and managed. The available space measures 1119 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Subway Caterer Dr. Monica Lucero Acupuncturist La Montañita Food ... Grocery Store Red Root Acupuncture ... Acupuncturist Indigo Cannabis Club Cannabis Store

    Suggested Use

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

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

    Similar Places Nearby

    Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6749183
    Latitude
    35.1179712

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    FAQs

    What type of property is this?
    Shopping center - Retail space in established North Valley neighborhood center.
    Where is this shopping center located?
    The property is located at 2400 Rio Grande Blvd NW Albuquerque, NM.
    What is the lease rate?
    The lease rate is $134 SF/Yr.
    What are key features of this property?
    This property features: - Anchored by La Montanita Co-op for 20 years.; - Iconic North Valley neighborhood center.; - One mile north of I-40.
    (505) 252-6978
    Request Owner's contact information
    2400 Rio Grande Blvd NW 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
    2400 Rio Grande Blvd NW Albuquerque, NM 87104
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