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    1511 Goff Blvd Albuquerque, NM 87105

    Sponsored
    For Lease
    Contact for pricing

    Prime Albuquerque retail opportunity. High-traffic location.

    Lot size:
    3,014 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3,014 square foot retail pad site, located at 1511 Goff Boulevard Southwest in Albuquerque, New Mexico, presents a unique investment opportunity. Situated on a 0.75-acre lot within the A1-SU zoned South Valley submarket of Bernalillo County (zip code 87105), this single-tenant property offers unparalleled visibility and accessibility. The site is an outparcel of the Plaza Rio Retail Center, benefiting from the significant traffic generated by anchor tenants such as Dollar Tree, a newly leased Pizza 9, and the Universal Church. Furthermore, its proximity to a Smith's Price Rite grocery store, attracting over 640,000 annual visitors, ensures a substantial customer base. The property boasts convenient access for southbound traffic via a right-in/right-out access point directly to the site, with additional access available through the Smith's parking lot. This location is ideal for a drive-thru business. The owner is flexible and open to both ground lease and build-to-suit options, accommodating potential tenants seeking up to a 3,000 square foot building. This property represents a rare chance to establish a thriving business in a high-demand area.

    Property Features for 1511 Goff Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,014 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,014 SF

    HighLights

    • Shadow‑anchored by Smith's & Dollar Tree.
    • Drive‑thru permitted.
    • Up to 3,000 SF building possible.
    • Ground lease or build‑to‑suit options available.
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pizza 9 South ... Pizza Restaurant Iglesia Universal Church Domino's pizza Pizza Takeout Dollar Tree Grocery Store Jimmy's Best Appliance ... Small Appliance Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6791939
    Latitude
    35.0548712

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    FAQs

    What type of property is this?
    Retail property - Prime Albuquerque retail opportunity. High-traffic location.
    Where is this retail property located?
    The property is located at 1511 Goff Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: Shadow-anchored by Smith's & Dollar Tree.; Drive-thru permitted.; Up to 3,000 SF building possible.
    Request Owner's contact information
    1511 Goff Blvd Albuquerque, NM 87105
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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
    1511 Goff Blvd Albuquerque, NM 87105
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