605 Lomas Blvd Albuquerque, NM 87102
- Retail properties
- 1,441 SF
- 1.63 lot acres
Current Use by Public Records
- Bank of America ATM (Drive-thru) / Atm
- Motor Bank / Atm
Property Details for 605 Lomas Blvd
- Lot size
- 1.63 lot acres
- Property size
- 1,441 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 1,441 square foot retail property, located at 605 Lomas Blvd NW in Albuquerque, New Mexico, is available for $2,000,000. Currently vacant, this property presents a unique investment opportunity. The building sits on a 1.627-acre lot and boasts approximately 330 linear feet of frontage on Lomas Blvd, a major thoroughfare serving downtown Albuquerque. Convenient access points are available from Lomas Blvd, 6th, and 7th Streets. High visibility is ensured with a pylon sign situated at the intersection of 6th Street and Lomas Blvd. The property benefits from significant traffic volume, with nearly 26,000 cars daily passing the intersection of 6th Street and Lomas Blvd. Its proximity to courthouses adds to its strategic appeal. The property is zoned MX-M, offering flexibility for various commercial uses. The price per square foot is $1,387.93. This prime location and high traffic count make this a compelling investment opportunity in a thriving Albuquerque market. The zip code is 87102, and the property is in Bernalillo County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.653
- Latitude
- 35.0919
