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    111 Rio Bravo Blvd SE Albuquerque, NM 87105

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    For Lease
    $18 SF/Yr

    Retail space with drive-thru in underserved trade area.

    Property size:
    20,217 SF
    Lot size:
    3.94 Acres

    Property Features for 111 Rio Bravo Blvd SE

    General Information

    Size
    20,217 SF
    Lot size
    3.94 Acres

    Source: John Youngblood & Associates Agent John Youngblood

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

    Overview

    Retail Space with Drive-Thru

    This retail space is located in an underserved trade area and benefits from exposure to over 31,000 vehicles per day on Rio Bravo Blvd. The property offers convenient access from Rio Bravo Blvd, Prince St., and Dolphin Rd. Its location provides excellent freeway access, situated less than 1 mile from I-25. An end space with drive-thru availability is a key feature. The area is experiencing a growing daytime population due to the development of 190 acres of industrial/office space nearby. The property benefits from retail synergy with the adjacent Las Estancias (80-acre development) and Marketplace @ Rio Bravo (15-acre development). The property has a size of 20217 square feet.
    Location Intelligence

    Current Use by Public Records

    Peters Brothers Pest ... Pest Control Service

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.657562
    Latitude
    35.027162

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    FAQs

    What type of property is this?
    Retail space - Retail space with drive-thru in underserved trade area.
    Where is this retail space located?
    The property is located at 111 Rio Bravo Blvd SE Albuquerque, NM.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Exposure to over 31,000 vehicles per day on Rio Bravo Blvd; - Excellent freeway access, less than 1 Mile from I-25; - Growing daytime population with 190 Acres of industrial/office space being developed in the immediate area
    (505) 263-7311
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    111 Rio Bravo Blvd SE Albuquerque, NM 87105
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    Albuquerque, NM 87105
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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
    111 Rio Bravo Blvd SE Albuquerque, NM 87105
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