San Mateo Boulevard Retail
1307 San Mateo Boulevard NE, Albuquerque, NM 87110
For Sale
Contact for pricing
The 953-square-foot space offers a practical layout and flexible zoning for commercial use.
Property Size953 SF
Price / SF$1.50
Days on Market70
Property Features for 1307 San Mateo Boulevard NE
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Listing Agency:
LPT Realty
(877) 366-2213
Listed By:
Silesha Montano Naden · License NM #42168
(505) 804-2139
Source:
1stclassrealtyofsantafe
Added: Sep 2
Changed: Nov 9
Last Checked: Nov 10 at 6:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 953-square-foot retail space at 1307 San Mateo Boulevard NE in Albuquerque has a practical layout and flexible zoning. It is offered for sale, with the property information also describing it as available for lease.
The property is on San Mateo Boulevard NE. Flexible zoning supports a range of commercial ventures, as described in the listing information.
The property is on San Mateo Boulevard NE. Flexible zoning supports a range of commercial ventures, as described in the listing information.
Key Highlights
- 953‑square‑foot retail space
- Located at 1307 San Mateo Boulevard NE, Albuquerque
- Flexible zoning for commercial ventures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,699
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,980
$274.0K
Cap Rate 7%
$195,700
$195.7K
Cap Rate 9%
$152,211
$152.2K
Market Conditions
NOI Build-Up for 953 SF
Gross rent
$21.2K $22.20/SF
− Vacancy
−$1.6K −$1.67/SF
EGI
$19.6K $20.54/SF
− OpEx
−$5.9K −$6.16/SF
NOI
$13.7K $14.37/SF
Area
Albuquerque, NM
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,980
Cap Rate 7%
$195,700
Cap Rate 9%
$152,211
Alternative Uses
Best Use
Retail
$195.7K
$171.2K – $228.3K
NOI $13,699 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$230.5K
$201.7K – $269.0K
NOI $16,138 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,158
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Shops & Services 20%
Dining 20%
Home Improvements & Furnishings 7%
Smith's
Groceries
42,932 visits/mo
0.5 miles
Sprouts Farmers Market
Groceries
20,894 visits/mo
0.2 miles
Starbucks
Dining
12,568 visits/mo
0.5 miles
Taco Bell
Dining
9,430 visits/mo
0.1 miles
Dollar General
Shops & Services
8,745 visits/mo
0.3 miles
Demographics for 87110, NM
38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value
Market
Average Price Trend$/SF for Retail space in Albuquerque, NM
Properties on Market for Retail space in Albuquerque
Vacancy Rate% for Retail in Albuquerque, NM
Frequently Asked Questions
What type of property is this?
Retail space - The 953-square-foot space offers a practical layout and flexible zoning for commercial use.
Where is this retail space located?
The property is located at 1307 San Mateo Boulevard NE Albuquerque, NM.
What are key features of this property?
This property features: 953‑square‑foot retail space; Located at 1307 San Mateo Boulevard NE, Albuquerque; Flexible zoning for commercial ventures
