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    11301 Central Ave NE Albuquerque, NM 87123

    For Sale
    $800,000

    Turn-key restaurant with drive-up, multiple kitchens, and BBQ pit.

    Property size:
    4,080 SF
    Lot size:
    0.51 Acres

    Property Features for 11301 Central Ave NE

    General Information

    Size
    4,080 SF
    Lot size
    0.51 Acres

    Source: NAI SunVista - Albuquerque Agent John Algermissen

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

    Overview

    Restaurant/Commissary with Drive-Up Window

    This 4,080 square-foot property is located along a high-traffic corridor in the Southeast Heights. It is a built-out restaurant and commissary, offered as a turn-key operation with furniture, fixtures, and equipment included. The property features a drive-up window with a pick-up lane, multiple kitchens and prep spaces, a dining room, and a patio. It also includes multiple operator and management offices. A notable feature is the BBQ pit, which has the capacity to smoke 1,500 pounds of meat at one time. The property also includes a fenced yard with patio and storage potential. This property is suitable for restaurants, retail properties, and drive-through restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Law Firm 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.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5213859
    Latitude
    35.0708756

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant with drive-up, multiple kitchens, and BBQ pit.
    Where is this restaurant located?
    The property is located at 11301 Central Ave NE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Turn-key, built-out restaurant/commissary with FF&E included; - High-traffic location in the SE Heights; - Drive-up window with pick-up lane
    (505) 264-7242
    Request Owner's contact information
    11301 Central Ave NE Albuquerque, NM 87123
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    Albuquerque, NM 87123
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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
    11301 Central Ave NE Albuquerque, NM 87123
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