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    4410 Central Ave SW Albuquerque, NM 87105

    For Sale
    $2,600,000

    Freestanding 16,376 SF retail building in Albuquerque, NM.

    Property size:
    16,376 SF
    Lot size:
    1.27 Acres

    Property Features for 4410 Central Ave SW

    General Information

    Size
    16,376 SF
    Lot size
    1.27 Acres

    Source: Encore Real Estate Investment Services Agent Danny Samona

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

    Overview

    Freestanding Retail Building For Sale

    A freestanding 16,376 square foot building, renovated in 2019, is available for purchase. The property is situated on a 2.64-acre lot and is currently leased to HARBOR FREIGHT TOOLS until April 30th. The location is considered strong, ranking in the top 20% of the chain according to Placer Reports, and has nearly 1,500 Google ratings with an average of 4.5 stars. The property is positioned on Central Ave NW, which sees +53,591 vehicles per day. A Bank of America ATM on site indicates strong foot traffic. The surrounding retail corridor features national tenants such as Burlington, Starbucks, Ross Dress For Less, Conn's Home Plus, Panda Express, and Five Below. The location is less than 2.5 miles outside of downtown Albuquerque, in an urban infill area with a 5-mile population of +232,128. Albuquerque is the 4th largest MSA in the Southwest, with a population of nearly 1 million. The vacancy rate is 3% on 8 million square feet within 3.5 miles, indicating strong retail demand.
    Insight Report Location Intelligence

    Current Use by Public Records

    Harbor Freight Tools Hardware Store American Wildlife Taxidermy Taxidermist Bank of America ATM ... Atm

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -106.6877472
    Latitude
    35.0842209

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    FAQs

    What type of property is this?
    Retail space - Freestanding 16,376 SF retail building in Albuquerque, NM.
    Where is this retail space located?
    The property is located at 4410 Central Ave SW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Below market rent of $11/sf compared to the $18.13/sf average within a 3.5-mile radius.; - Strong retail demand indicated by a 3% vacancy rate on 8MM SF within 3.5 miles.; - High traffic location on Central Ave NW with +53,591 vehicles per day.
    (248) 702-0286
    Request Owner's contact information
    4410 Central Ave SW 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
    4410 Central Ave SW Albuquerque, NM 87105
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