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Retail Building and Condominium Property
For Sale
$5,500,000

9368 Valley View Drive, Albuquerque, NM 87114

High-traffic corridor retail space leased to Anytime Fitness, paired with 13 two-bedroom, 2.5-bath condominium units behind.

Property Size18,046 SF
Price / SF$304.78
Days on Market169

Property Features for 9368 Valley View Drive

General Information

Standard status Active
Size 18,046 SF
Property subtype General Commercial

Additional Details

Business Included Yes
Traffic Count 43,000 vehicles/day
Multifamily Units 13

Taxes and HOA fees

Annual Taxes $6,210

Amenities

3
35 Parking Spaces.
Listing Agency: Berkshire Hathaway NM Prop
Listed By: Thomas Gallegos · License #45240
Source: Xome
Added: Mar 10 Changed: Aug 25 Last Checked: Aug 25 at 5:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway NM Prop

Investment Insights

Based on property information with market context.

This mixed-use property includes a 5,046-square-foot commercial retail building occupied by an established Anytime Fitness. Behind the retail space, there are 13 condominium units designed as 2-bedroom residences with 2.5 bathrooms, creating a clear separation between the commercial frontage and the residential component.

The property sits just off Coors Blvd and is positioned for visibility in a high-traffic corridor, with traffic counts estimated at approximately 43,000 vehicles per day. The condominium portion looks out toward the Black Farm area.

For tenants, buyers, or operators seeking a combined commercial and residential setup, the structure offers an on-site retail tenancy paired with multiple residential income units. The commercial space provides an existing, in-place fitness use, while the residential component consists of 13 separate condominium units with practical, consistent unit layouts. Overall, it is a straightforward mixed-use holding with defined uses—retail at the front and condominiums immediately behind—supported by exposure from a major roadway.

Key Highlights

  • 5,046 SF commercial retail building leased to Anytime Fitness for immediate income potential
  • Mixed‑use setup includes 13 condominium units positioned directly behind the retail space
  • Each condo unit offers 2 bedrooms and 2.5 bathrooms

Property Analytics

Current Use

Albuquerque Bathroom Renovations Hardware & Home Improvement

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
43,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Similar Off Market Nearby

  • Roxy L. Hunt, BS 8327 Sleeping Bear Dr NW, Albuquerque, NM 87120, United States
  • Riverpoint Sports and Wellness 9190 Coors Blvd NW, Albuquerque, NM 87120
  • Zumba fitness classes at Paradise Hills Community Center 5901 Paradise Blvd, Albuquerque, NM 87114
  • Keisha Wixom SattvaYoga 9670 Eagle Ranch Rd NW #3, Albuquerque, NM 87114
  • Morph-It 9660 Eagle Ranch Rd NW # 3, Albuquerque, NM 87114

Frequently Asked Questions

What type of property is this?
Fitness center & gym - High-traffic corridor retail space leased to Anytime Fitness, paired with 13 two-bedroom, 2.5-bath condominium units behind.
Where is this fitness center & gym located?
The property is located at 9368 Valley View Drive Albuquerque, NM.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 5,046 SF commercial retail building leased to Anytime Fitness for immediate income potential; Mixed‑use setup includes 13 condominium units positioned directly behind the retail space; Each condo unit offers 2 bedrooms and 2.5 bathrooms
More about this property
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