0 Paseo Del Norte Albuquerque, NM 87113
This exceptional 20,663 square foot property, situated on a 3.59-acre lot in Albuquerque's desirable North Valley, presents a unique investment opportunity. Currently licensed as a 40-bed assisted living facility, the campus boasts a recently updated commercial kitchen and includes existing furniture, fixtures, and equipment (FF&E) available for purchase. The property's A-1 zoning, coupled with a Special Use Permit for Shelter Care, allows for significant versatility and redevelopment potential. Its irreplaceable location in Bernalillo County, at Paseo Del Norte, Albuquerque, NM 87113 (35.1756993, -106.5900944), offers unparalleled access to key amenities and a strong demographic base. The existing infrastructure, including the fully functional kitchen, provides a solid foundation for a variety of uses, making this a compelling investment for both seasoned developers and those seeking a stable, income-generating asset. Further details regarding the property's financial performance and redevelopment possibilities are available upon request. This is a rare chance to acquire a substantial property in a prime North Valley location with significant upside potential. The property is zoned A-1.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.