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    4910 Central Ave SE Albuquerque, NM 87102

    For Sale
    $1,399,000

    NNN leased to Advance Auto Parts with value-add potential.

    Property size:
    8,325 SF
    Lot size:
    1.08 Acres

    Property Features for 4910 Central Ave SE

    General Information

    Size
    8,325 SF
    Lot size
    1.08 Acres

    Source: SVN/Walt Arnold Commercial Brokerage Inc Agent Walt Arnold

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

    Overview

    Route 66 Retail Investment

    This property, located on historic Route 66 and near the University of New Mexico, is NNN leased to Advance Auto Parts. The firm lease term extends until 10/31/2031, with over 6 years remaining on the initial lease term. The landlord is responsible for maintaining the roof and structure, and the roof is under warranty. The property offers an additional "Add Value" opportunity by developing or subdividing approximately 0.30 acres of excess land. The property is 8325 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Shipping And Mailing Service Advance Auto Parts Auto Parts Store Hermosillo Hot Dogs Mexican Restaurant CARQUEST AUTO PARTS ... Auto Parts Store

    Suggested Use

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

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

    Similar Places Nearby

    Get It Fixed, LLC, Amador Brothers Wheel Alignment, Plant Oil Powered Diesel Fuel, Redburn Tire Company, Lawrence Paint & Body

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5896559
    Latitude
    35.0780406

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    FAQs

    What type of property is this?
    Auto shop - NNN leased to Advance Auto Parts with value-add potential.
    Where is this auto shop located?
    The property is located at 4910 Central Ave SE Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - NNN Lease to Advance Auto Parts with 6+ Years Remaining; - Firm Lease Term Until 10/31/2031; - Rare Passive Income Opportunity
    (505) 269-9358
    Request Owner's contact information
    4910 Central Ave SE Albuquerque, NM 87102
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    Albuquerque, NM 87102
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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
    4910 Central Ave SE Albuquerque, NM 87102
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