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    501 Yale Blvd SE Albuquerque, NM 87106

    For Sale
    $230,000

    Operating tire shop with development potential in Albuquerque, New Mexico.

    Property size:
    9,656 SF
    Lot size:
    0.23 Acres

    Property Features for 501 Yale Blvd SE

    General Information

    Size
    9,656 SF
    Lot size
    0.23 Acres

    Source: Hanna Commercial LLC Agent Richard Hanna

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

    Overview

    Existing Tire Shop For Sale

    This property is an existing tire shop located in Albuquerque, New Mexico. It features MX-L zoning and is fully fenced. The property is currently occupied by a tenant on a month-to-month lease with a monthly rent of $1,070. Market rents in the area are approximately $1,800 per month. The property size is 9,656 square feet. This property is suitable for auto shops, automotive properties, and retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hernández Romero tire ... Tire Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Tony's RV Service, JV auto repair &frame specialist, CAR STOP TOWING, LLC, Sandia Collision

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6223583
    Latitude
    35.0737882

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    FAQs

    What type of property is this?
    Auto shop - Operating tire shop with development potential in Albuquerque, New Mexico.
    Where is this auto shop located?
    The property is located at 501 Yale Blvd SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: - MX-L zoning offers versatile usage opportunities.; - Significant potential to increase rental income from $1,070 to $1,800 per month.; - Existing tire shop provides immediate income stream.
    (505) 332-0522
    Request Owner's contact information
    501 Yale Blvd SE Albuquerque, NM 87106
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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
    501 Yale Blvd SE Albuquerque, NM 87106
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