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    585 Osuna Rd NE Albuquerque, NM 87113

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    For Sale
    $1,700,000

    Retail property with established tenants, high visibility, and strong potential.

    Property size:
    9,500 SF
    Lot size:
    1.23 Acres

    Property Features for 585 Osuna Rd NE

    General Information

    Size
    9,500 SF
    Lot size
    1.23 Acres

    Source: NAI SunVista - Albuquerque Agent Martha Carpenter

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

    Overview

    Retail Investment Opportunity Near Sandia

    This retail property presents a unique opportunity for an experienced retail investor or owner/user to acquire a property. The property has tenants that include Amadeo’s Pizza, Subway and Volcanic Training, and they have been in the center since 2014. The property is located directly across from Sandia Prep and less than 1/2 mile from Vista del Norte. It benefits from great visibility with approximately 20,200 cars per day. The current occupancy is approximately 5,500 rentable square feet. The proforma net operating income is $152,000, based on proforma rents at $16.00 per square foot plus NNN, resulting in a proforma cap rate of 7.5%.
    Insight Report Location Intelligence

    Current Use by Public Records

    Volcanic Training Personal Trainer Subway Sandwich Shop Amadeo's Pizza & Subs Pizza Restaurant Home Instead Home Health Care Service Mary Martinez Home Health Care Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.6175287
    Latitude
    35.1512502

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    FAQs

    What type of property is this?
    Strip mall - Retail property with established tenants, high visibility, and strong potential.
    Where is this strip mall located?
    The property is located at 585 Osuna Rd NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - Proforma Cap Rate: 7.5%; - Proforma NOI: $152,000 (Proforma rents at $16.00/SF + NNN); - Located directly across from Sandia Prep
    (505) 228-0154
    Request Owner's contact information
    585 Osuna Rd NE Albuquerque, NM 87113
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    Albuquerque, NM 87113
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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
    585 Osuna Rd NE Albuquerque, NM 87113
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