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    5161 Lang Ave NE Albuquerque, NM 87109

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    For Lease
    Contact for pricing

    Class A mixed-use retail development in the heart of Albuquerque.

    Property size:
    1,117 SF
    Lot size:
    1.41 Acres

    Property Features for 5161 Lang Ave NE

    General Information

    Size
    1,117 SF
    Lot size
    1.41 Acres

    Source: King Capital Commercial Real Estate Agent Courtney Tinnin

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

    Overview

    Albuquerque Retail Space For Rent

    This Class A mixed-use retail space is available for rent in Albuquerque. The property is part of The Journal Center, a live, work, and play destination. The location is visible from I-25 and Paseo Del Norte, with over 147,000 vehicles passing per day. The property benefits from a statewide pull due to its Cabela’s anchor. The Cabela’s location is a top performer, ranking 12th in the nation, with 680,900 annual visits. It is located adjacent to the densely populated NE Heights residential area, which has the highest average incomes in Albuquerque, at $103,550. The property offers multiple access points from I-25 and Paseo. The property size is 1,117 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restoration Pizza Pizza Restaurant Marigold Cafe Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Sunglass Outfitters by Sunglass Hut, Market Place at Journal Center, Palomas Plaza, Paseo Marketplace, The Shops of Sedona Row

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5867024
    Latitude
    35.1731706

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    FAQs

    What type of property is this?
    Shopping center - Class A mixed-use retail development in the heart of Albuquerque.
    Where is this shopping center located?
    The property is located at 5161 Lang Ave NE Albuquerque, NM.
    What are key features of this property?
    This property features: - Top performing Cabela’s location, ranked 12th in the nation, boasting 680.9K annual visits.; - Located adjacent to a densely populated residential area with high average incomes.; - Visible from I-25 and Paseo Del Norte.
    (505) 292-9607
    Request Owner's contact information
    5161 Lang Ave NE Albuquerque, NM 87109
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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
    5161 Lang Ave NE Albuquerque, NM 87109
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