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Freestanding Storefront Building

2837 San Mateo Blvd NE, Albuquerque, NM 87110

For Lease
$2,500/Mo

MX-L zoning supports a range of commercial uses, including retail, office, medical services, and restaurants.

Space SizeContact for details
Property Size1,773 SF
Lot Size0.17 Acres
Days on Market176

Property Features for 2837 San Mateo Blvd NE

General Information

Standard status Active
Size 1,773 SF
Total Parking Spaces 10
Lot size 0.17 Acres
Property subtype Retail
Zoning MX-L
Lease Type NNN

Property Condition

Severity Repairs Needed
Evidence the building needs cosmetic updating (paint, flooring, landscaping)

Site & Location

Neighborhood Bla
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

10 Parking Spaces

Building Details

Year Built 1950
Year Renovated 2022
Building Size 1,773 SF

Spaces For Lease

at 2837 San Mateo Blvd NE
Available Space $2,500/Mo
Contact us
Listing Agency: Berkshire Hathaway NM Commercial Real Estate
Listed By: Jacob Lopez · License NM REC-2024-0071
Source: Carnm.resimplifi
Added: May 19 Changed: Nov 8 Last Checked: Nov 10 at 5:09AM

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 Berkshire Hathaway NM Commercial Real Estate

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Investment Insights

Based on property information with market context.

This freestanding storefront property contains 1,773 SF on a 0.17-acre parcel. The street-facing retail floor and display area are complemented by a rear lounge, two work areas, kitchen, office, storage, and full bathroom. A washer/dryer connection is also in place. Covered access at the rear leads toward covered alley parking. The roof was replaced in 2022 with a 60-mil TPO membrane over the main and rear structures. Interior finishes remain intact but need cosmetic work, including paint, flooring, and landscaping. Utilities are connected, and a Phase I ESA identified no recognized environmental conditions.

At 2837 San Mateo Blvd NE in Albuquerque, the property has approximately 64 feet of frontage on San Mateo Boulevard, a designated Major Transit Corridor. Traffic volumes on the boulevard reach as high as 47,000 vehicles per day. The I-40 interchange is 0.70 miles south, and Menaul Boulevard is 0.35 miles away. MX-L zoning allows several primary commercial uses, including retail, office, medical and dental clinics, restaurants, and personal and business services.

Key Highlights

  • 1,773 SF freestanding building on a 0.17‑acre parcel
  • Approximately 64 feet of frontage on San Mateo Boulevard, with traffic counts as high as 47,000 vehicles per day
  • MX‑L zoning permits retail, office, medical and dental clinics, restaurants, and other listed commercial uses

Property Analytics

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

Current Use

Crystal massage Alternative Medicine Practice Indian Teepee (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Garden Center Catering Service Hotel & Motel (Bike/Boat/Book/etc) Store Pet Grooming Service

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

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,364
Businesses Nearby
117k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 37% Apparel 11% Home Improvements & Furnishings 5%
dd's DISCOUNTS Shops & Services
30,851 visits/mo 0.5 miles
Starbucks Dining
12,427 visits/mo 0.5 miles
Big 5 Sporting Goods Apparel
12,391 visits/mo 0.1 miles
Shell Shops & Services
10,226 visits/mo 0.2 miles
Burger King Dining
10,059 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$27.73 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
10,069 SF
Avg Space Size

This space is priced 38% below the average of $27.73 /SF/Yr.

Properties on Market for Storefront properties 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

Similar Off Market Nearby

  • Oliver Same Day Flower Delivery Albuquerque — 4166 menaul blvd ne, albuquerque, nm 87110
  • Send Flowers 24x7 - Same Day Flower Delivery — 2620 carlisle blvd ne, albuquerque, nm 87110
  • Manning Florist — 3121 San Mateo Blvd NE, Albuquerque, NM 87110

Frequently Asked Questions

What type of property is this?
Storefront property - MX-L zoning supports a range of commercial uses, including retail, office, medical services, and restaurants.
Where is this storefront property located?
The property is located at 2837 San Mateo Blvd NE Albuquerque, NM.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 1,773 SF freestanding building on a 0.17‑acre parcel; Approximately 64 feet of frontage on San Mateo Boulevard, with traffic counts as high as 47,000 vehicles per day; MX‑L zoning permits retail, office, medical and dental clinics, restaurants, and other listed commercial uses
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