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    3711 Ellison Rd Albuquerque, NM 87114

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    For Lease
    Contact for pricing

    Prime 1.2-acre restaurant site, 4,195 sqft.

    Lot size:
    4,195 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,195 square foot former restaurant building sits on a highly visible 1.2-acre lot at the signalized corner of Cottonwood Drive and Alameda Road NW in Albuquerque's Cottonwood sub-market. Built in 2001, the single-story structure features 50 parking spaces and boasts 216 feet of frontage, ensuring maximum exposure. The property is zoned NR-BP and offers significant potential for a variety of uses. The building is currently vacant and includes existing restaurant infrastructure such as exhaust hoods and coolers, some of which may be available. This turnkey opportunity presents a rare chance to acquire a well-located, established property in a thriving Albuquerque neighborhood. The property's ample parking and prominent location make it ideal for a restaurant, retail establishment, or other commercial ventures. The parcel's APN is 101406605126630207. This is a single-tenant property with significant potential for redevelopment or continued use as a restaurant. The property's location in the Cottonwood sub-market of Albuquerque, New Mexico, offers easy access to major roadways and a dense population base.

    Property Features for 3711 Ellison Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,195 SF

    Building Details

    Year Built
    2001
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    52,272 SF

    HighLights

    • High‑visibility corner lot at signalized intersection of Cottonwood Dr. and Alameda Rd. NW, Albuquerque.
    • Ample parking with 50 spaces.
    • Monument signage opportunity.
    • NR‑BP zoning allows for drive‑thru addition (City of Albuquerque P&Z verification recommended).
    • 216' of frontage on Alameda Rd. NW.
    • 202' of frontage on Cottonwood Dr. NW.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.65533753214
    Latitude
    35.210868305626

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    FAQs

    What type of property is this?
    Restaurant - Prime 1.2-acre restaurant site, 4,195 sqft.
    Where is this restaurant located?
    The property is located at 3711 Ellison Rd Albuquerque, NM.
    What are key features of this property?
    This property features: High-visibility corner lot at signalized intersection of Cottonwood Dr. and Alameda Rd. NW, Albuquerque.; Ample parking with 50 spaces.; Monument signage opportunity.
    Request Owner's contact information
    3711 Ellison Rd Albuquerque, NM 87114
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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
    3711 Ellison Rd Albuquerque, NM 87114
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