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Retail Space For Sale

241 98th St NW, Albuquerque, NM 87121

For Sale
$3,500,000

Retail space available, approximately 2,325 square feet.

Property Size2,325 SF
Price / SF$1,505
Days on Market251

Property Features for 241 98th St NW

General Information

Standard status Active
Size 2,325 SF
Property subtype Investment
Zoning MX-M

Site & Location

Neighborhood Svc

Building Details

Year Built 2026
Listing Agency: NAI SunVista
Listed By: Brett Hills · License NM #45205
Source: Carnm.resimplifi
Added: Mar 5 Changed: Oct 25 Last Checked: Nov 10 at 5:19AM

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 NAI SunVista

Rey
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Investment Insights

Based on property information with market context.

This property offers a retail space with an area of approximately 2,325 square feet. It is located in Albuquerque, New Mexico.

Key Highlights

  • Retail property
  • 2,325 SqFt of space
  • Year Built: 2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Hair Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
313k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 70% Shops & Services 28% Electronics 1%
McDonald's Dining
41,092 visits/mo 0.1 miles
Whataburger Dining
36,430 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
22,807 visits/mo 0.0 miles
Dollar Tree Shops & Services
22,250 visits/mo 0.2 miles
Jack in the Box Dining
21,907 visits/mo 0.1 miles

Demographics for 87121, NM

77,802
Population
26,118
Households
3
Avg Household Size
31
Median Age
13%
College-Educated
80%
High-School Grad
336.9 sq mi
ZIP Area
231
Density / Sq Mi
$59,184
Median Household Income
$34,738
Median Earnings
$1,277
Median Rent
$192,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Albuquerque, NM

$429 Jul
$218 Aug
$283 Sep
$269 Oct

Properties on Market for Retail space in Albuquerque

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available, approximately 2,325 square feet.
Where is this retail space located?
The property is located at 241 98th St NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Retail property; 2,325 SqFt of space; Year Built: 2026
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