Restaurant with Garden
8032 4th Street NW, Los Ranchos, NM 87114
For Sale
$2,750,000
Commercial Sale, Los Ranchos, NM
Property Size8,631 SF
Lot Size2.04 Acres
Price / SF$318.62
Days on Market288
Property Features for 8032 4th Street NW
General Information
Property type
Property subtype
Zoning
Parking
Directions
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Floors in Building
Listing Agency:
Berkshire Hathaway NM Prop · Berkshire Hathaway HomeServices
(505) 798-6300
Listed By:
724 Real Estate
(509) 220-1669
Added: Jan 27
Changed: Nov 9
Last Checked: Nov 10 at 5:06PM
MLS# 1098005
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This restaurant property in Los Ranchos includes indoor dining and service areas, a full-service bar, and large kitchens. Two walk-in freezers provide on-site cold storage. Outdoor features include spacious patios, koi ponds, and gardens, while the interior accommodates both smaller dining groups and larger banquets. The restaurant has served New Mexico diners for more than 50 years.
The property occupies 2.0398 acres at 8032 4th Street NW in Los Ranchos, Bernalillo County. Its zoning designation is ABQ Bernalillo.
The property occupies 2.0398 acres at 8032 4th Street NW in Los Ranchos, Bernalillo County. Its zoning designation is ABQ Bernalillo.
Key Highlights
- 2.0398‑acre restaurant property in Los Ranchos
- Full‑service bar and large commercial kitchens
- Two large walk‑in freezers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,524
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,480
$1.7M
Cap Rate 7%
$1,193,200
$1.2M
Cap Rate 9%
$928,044
$928.0K
Market Conditions
NOI Build-Up for 8,631 SF
Gross rent
$119.1K $13.80/SF
− Vacancy
−$7.7K −$0.90/SF
EGI
$111.4K $12.90/SF
− OpEx
−$27.8K −$3.23/SF
NOI
$83.5K $9.68/SF
Area
ZIP 87114
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,670,480
Cap Rate 7%
$1,193,200
Cap Rate 9%
$928,044
Alternative Uses
Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,524 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,929 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 62%
Shops & Services 21%
Dining 17%
Tractor Supply Co.
Home Improvements & Furnishings
23,540 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,832 visits/mo
0.5 miles
Blake's LotaBurger
Dining
6,647 visits/mo
0.3 miles
Demographics for 87114, NM
69,402
Population
28,038
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
20.9 sq mi
ZIP Area
3,321
Density / Sq Mi
$81,768
Median Household Income
$48,127
Median Earnings
$1,321
Median Rent
$296,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Conventional restaurants in Bernalillo County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dining areas, a full-service bar, commercial kitchens, and outdoor garden space support a range of restaurant service and events.
Where is this conventional restaurant located?
The property is located at 8032 4th Street NW Los Ranchos, NM.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 2.0398‑acre restaurant property in Los Ranchos; Full‑service bar and large commercial kitchens; Two large walk‑in freezers
