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    933 San Mateo Blvd Albuquerque, NM 87108

    For Lease
    Contact for pricing

    Downtown Albuquerque Strip Mall, High Traffic

    Lot size:
    17,095 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 933 San Mateo Blvd NE in Albuquerque, New Mexico (zip code 87108), offers a prime opportunity for businesses seeking high visibility and foot traffic. The 17,095 square foot strip center boasts a strong tenant mix, including established businesses such as Sprouts Grocery, True Value Hardware, T-Mobile, and Subway, ensuring a vibrant and thriving commercial environment. The property is situated on the southwest corner of Lomas Blvd and San Mateo Blvd, benefiting from excellent visibility and accessibility. Monument signage on both streets further enhances the property's marketing potential. Currently, there is no vacant space, however, spaces ranging from 1,975 to 4,158 contiguous square feet may become available. The minimum divisible space is 1,975 square feet. One space of 1,975 square feet is adjacent to Great Clips and The UPS Store, offering excellent synergy and potential for collaborative marketing. This property presents a rare opportunity to establish a presence in a high-traffic, well-established retail center in the heart of Albuquerque's bustling downtown area. Bernalillo County location ensures access to a large and diverse customer base. The property's strategic location and strong tenant lineup make it an ideal investment for discerning businesses seeking a thriving retail environment.

    Property Features for 933 San Mateo Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,095 SF

    Unit(s) available at that property

    Space
    Suite 933-200
    Size
    1,975 SF

    HighLights

    • High‑traffic location.
    • Prime downtown Albuquerque retail space.
    • Monument signage on two streets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R.E. Solutions Real Estate Consultant McHard Accounting Consulting ... Accountant Great Clips Beauty Salon New York Hair ... Beauty Salon Brident Dental & Orthodontics Dentist

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Clothing Store Nail Salon Food Market Grocery 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
    -106.5866752
    Latitude
    35.0867257

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    FAQs

    What type of property is this?
    Retail property - Downtown Albuquerque Strip Mall, High Traffic
    Where is this retail property located?
    The property is located at 933 San Mateo Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: High-traffic location.; Prime downtown Albuquerque retail space.; Monument signage on two streets.
    Request Owner's contact information
    933 San Mateo Blvd Albuquerque, NM 87108
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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
    933 San Mateo Blvd Albuquerque, NM 87108
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