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    5651 Lang Ave Albuquerque, NM 87109

    Sponsored
    For Lease
    Contact for pricing

    High-volume Albuquerque retail space available

    Lot size:
    1,117 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional retail opportunity is located within the Legacy @ Journal Center, a high-volume mixed-use development in Albuquerque, New Mexico. The property, situated at 5651 Lang Ave NE, boasts a prime location at the intersection of I-25 and Paseo Del Norte, ensuring high visibility and accessibility. The single-story building features a total of three suites, with one 1,117 square foot space currently available for lease. This strip center is zoned NR-MP, reflecting its suitability for a variety of retail uses. The property is situated in Bernalillo County, New Mexico, and benefits from its proximity to major transportation arteries, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The building's single-story design offers easy navigation and accessibility for both customers and employees. This is a rare opportunity to secure a retail space in a thriving Albuquerque development with excellent visibility and accessibility. The available suite offers ample space for a variety of retail businesses, and the high-traffic location ensures significant potential for customer engagement and revenue generation. Interested parties are encouraged to inquire further to explore this exceptional retail opportunity. The zip code is 87109.

    Property Features for 5651 Lang Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,117 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,117 SF

    HighLights

    • Class A mixed‑use retail space in Albuquerque's Journal Center.
    • High‑traffic location at I‑25 and Paseo Del Norte intersection.
    • Over 147,000 vehicles pass daily.
    • Anchored by a top‑performing Cabela's (12th nationally), drawing 680,900 annual visitors.
    • Adjacent to affluent NE Heights residential area with $103,550 average household income.
    • Multiple I‑25 and Paseo access points.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5866578
    Latitude
    35.1720031

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    FAQs

    What type of property is this?
    Neighborhood center - High-volume Albuquerque retail space available
    Where is this neighborhood center located?
    The property is located at 5651 Lang Ave Albuquerque, NM.
    What are key features of this property?
    This property features: Class A mixed-use retail space in Albuquerque's Journal Center.; High-traffic location at I-25 and Paseo Del Norte intersection.; Over 147,000 vehicles pass daily.
    Request Owner's contact information
    5651 Lang Ave Albuquerque, NM 87109
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    Albuquerque, NM 87109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5651 Lang Ave Albuquerque, NM 87109
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