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    6610 Central Ave Albuquerque, NM 87108

    For Sale
    $585,000

    Versatile 3,129 SF Freestanding Building

    Property size:
    3,129 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 3,129 square foot freestanding retail building, located at 6610 Central Ave SE in Albuquerque, New Mexico, presents a unique investment opportunity. Situated on a 0.65-acre lot (APN 1-018-057-377123-4-14-10), this property boasts terrific visibility to nearly 19,000 vehicles daily on Central Avenue. The building features a recently renovated interior and exterior, including a large pylon sign for maximum brand exposure. A key advantage is the perimeter fencing and gated yard, providing secure storage or display space. The single 10' x 8' roll-up door is ideal for loading and unloading, making it suitable for a variety of uses. Zoned MX-M, this property is well-suited for retail, auto sales/service, or an industrial user requiring a fenced yard. The asking price is $585,000. This Albuquerque gem offers high traffic exposure and versatile functionality, making it an attractive investment in a thriving market. Don't miss this chance to own a highly visible and adaptable commercial property in a prime location.

    Property Features for 6610 Central Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,129 SF
    Lot Size
    28,314 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Mexico Title ... Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5734472
    Latitude
    35.0760313

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    FAQs

    What type of property is this?
    Retail property - Versatile 3,129 SF Freestanding Building
    Where is this retail property located?
    The property is located at 6610 Central Ave Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $585,000.
    (505) 878-0001
    Request Owner's contact information
    6610 Central Ave Albuquerque, NM 87108
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    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
    6610 Central Ave Albuquerque, NM 87108
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