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Property profile & analytics

321 Rio Grande NW Blvd Albuquerque, NM 87104-1448

  • Turn key restaurants
  • 0.14 lot acres
OFF-MARKET
Value Estimations
$275,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US61-0172461
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Monica's El Portal / Mexican Restaurant / Breakfast Restaurant

Property Details for 321 Rio Grande NW Blvd

Lot size
0.14 lot acres
Property type
Turn key restaurants
APN
1-013-058-091-370-2-12-22
APU
101305809137021222

Description

This exceptional freestanding restaurant opportunity is located in Albuquerque's vibrant Old Town, at 321 Rio Grande Blvd NW, situated on a 0.6-acre lot. The property boasts a prominent location at the intersection of Rio Grande Blvd NW and Dora Ave NW, offering excellent visibility and accessibility. The building itself comprises 3,000 square feet, providing ample space for a thriving culinary establishment. The single-tenant occupancy ensures ease of management and control. This property presents a unique chance to establish or relocate a restaurant business in one of Albuquerque's most desirable and historic neighborhoods. Bernalillo County's strong economy and the consistent tourist traffic in Old Town create a robust market for food and beverage businesses. The generous lot size offers potential for expansion or outdoor seating, further enhancing the property's appeal. The address is 321 Rio Grande Blvd NW, Albuquerque, NM 87104. This is a rare opportunity to acquire a well-positioned, established restaurant space in a highly sought-after location. The property's size and location make it ideal for a variety of restaurant concepts. Don't miss this chance to own a piece of Albuquerque's rich history and thriving culinary scene.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.672
Latitude
35.0975
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,366
$22,426
$2,268
$24,694
-
$67,284
$6,804
$74,088
More about this property
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