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Retail Space on Lomas Boulevard
For Sale
$2,000,000

605 Lomas Blvd NW, Albuquerque, NM 87102

Retail space with frontage on a major thoroughfare.

Property Size1,441 SF
Price / SF$1,387
Days on Market240

Property Features for 605 Lomas Blvd NW

General Information

Standard status Active
Size 1,441 SF
Property subtype Retail
Zoning MX-M

Amenities

Water
Sewer
Drive-Thru
Listing Agency: NAI SunVista
Listed By: Dave Hill · License #34088AB
Source: Carnm.resimplifi
Added: Feb 25 Changed: Oct 5 Last Checked: Oct 20 at 5:10PM

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

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Investment Insights

Based on property information with market context.

This retail space features approximately 330 linear feet of frontage on Lomas Boulevard. Access is available from Lomas Boulevard, as well as 6th and 7th Streets. A pylon sign is located on 6th Street and Lomas Boulevard. The location benefits from high traffic volume, with almost 26,000 cars per day at the intersection of 6th Street and Lomas Boulevard. The property is situated in close proximity to courthouses. It is zoned MX-M under IDO zoning. The property size is 1,441 square feet.

Key Highlights

  • Prime frontage with approximately 330 linear feet on Lomas Blvd.**
  • Benefit from high visibility with almost 26,000 cars per day at 6th St. & Lomas Blvd.
  • Convenient access points from Lomas Blvd., 6th & 7th St.

Property Analytics

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

Current Use

Bank of America ATM ... Atm Motor Bank Atm

Suggested Use

Top Pick Electrical Service Nail Salon (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Grocery & Convenience Store Garden Center

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

2,101
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Hotels & Casinos 39% Shops & Services 5%
Embassy Suites Hotels & Casinos
17,114 visits/mo 0.0 miles
Starbucks Dining
16,432 visits/mo 0.4 miles
Carl's Jr. Dining
5,925 visits/mo 0.4 miles
Taqueria Mexico Dining
2,562 visits/mo 0.3 miles
Extra Space Storage Shops & Services
2,129 visits/mo 0.3 miles

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 with frontage on a major thoroughfare.
Where is this retail space located?
The property is located at 605 Lomas Blvd NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Prime frontage with approximately 330 linear feet on Lomas Blvd.**; Benefit from high visibility with almost 26,000 cars per day at 6th St. & Lomas Blvd.; Convenient access points from Lomas Blvd., 6th & 7th St.
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