Paseo Del Norte Albuquerque, NM 87113
- Specialty properties
- 20,663 SF
- 3.59 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 0 Paseo Del Norte
- Lot size
- 3.59 lot acres
- Property size
- 20,663 SF
- Property type
- Specialty properties
- Property subtype
- Land
Description
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.
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
- -106.59
- Latitude
- 35.1757
