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Property profile & analytics
OFF-MARKET
Neighborhood centers

5651 Lang Ave Albuquerque, NM 87109

Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located within the Legacy @ Journal Center, a high-volume mixed-use development in Albuquerque, New Mexico. The property, situated at 5651 Lang Ave NE, boasts a prime location at the intersection of I-25 and Paseo Del Norte, ensuring high visibility and accessibility. The single-story building features a total of three suites, with one 1,117 square foot space currently available for lease. This strip center is zoned NR-MP, reflecting its suitability for a variety of retail uses. The property is situated in Bernalillo County, New Mexico, and benefits from its proximity to major transportation arteries, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The building's single-story design offers easy navigation and accessibility for both customers and employees. This is a rare opportunity to secure a retail space in a thriving Albuquerque development with excellent visibility and accessibility. The available suite offers ample space for a variety of retail businesses, and the high-traffic location ensures significant potential for customer engagement and revenue generation. Interested parties are encouraged to inquire further to explore this exceptional retail opportunity. The zip code is 87109.

Property profile
Verified
Property type Neighborhood centers
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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