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    7697-7797 Palomas Ave Albuquerque, NM 87122

    • Retail properties
    • 51,486 SF
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • 8000 Paseo Del Norte NE / Shopping Mall

    Property Details for 7697-7797 Palomas Ave

    Property size
    51,486 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    Paseo Crossing, located at 7697-7797 Palomas Ave NE, Albuquerque, NM 87122, offers exceptional retail space in Albuquerque's desirable Northeast Heights. This Class A property boasts a total of 51,486 square feet across four single-story buildings situated on a generous 5.85-acre lot. The property is zoned MX-L and features convenient access to Wyoming Blvd. Currently, 1,203 square feet of retail space is immediately available, with a minimum divisible space of 1,203 square feet, providing flexibility for various business needs. The property's location in the high-income Northeast Heights ensures high visibility and foot traffic. The property's APN is 101906330748910501 and is situated in Bernalillo County. This is a multi-tenant retail opportunity ideal for businesses seeking a prominent location in a thriving Albuquerque neighborhood. The property's size and layout offer significant potential for growth and expansion. Don't miss this chance to secure your space in this exceptional retail center. Inquire today to learn more about leasing opportunities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.558
    Latitude
    35.1735

    Comparable in this City

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    • Value Estimation
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    • Value Estimation
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      7900 Carmel NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,636 SF
      7900 Carmel NE Ave, Albuquerque, NM 87122-2992
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    • Value Estimation
      $705,000
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      8928 Holly NE Ave

      RETAIL STORES (PERSONAL SERVICES) • 14,748 SF
      8928 Holly NE Ave, Albuquerque, NM 87122-2947
      View Details
    • Value Estimation
      $365,000
      4,098 SF

      8810 Holly Ave Ne Ste F

      RETAIL STORES (PERSONAL SERVICES) • 4,098 SF
      8810 Holly Ave Ne Ste F, Albuquerque, NM 87122-2981
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Albuquerque Land with Unobstructed Views

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      Two 0.89-acre lots in a desirable Albuquerque location.
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    Similar Nearby for Lease

    • Contact for pricing
      51,486 SF

      Paseo Crossing Retail Shops in Albuquerque

      Prime NE Heights Retail Space Available
      7697-7797 Palomas Ave, Albuquerque, NM 87122
      View Details
    • Contact for pricing
      1,775 SF

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      Retail space available at a high-traffic Albuquerque intersection.
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      Land for Lease or Build-to-Suit

      Highly accessible land with frontage along I-25 available for lease.
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      View Details
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    Albuquerque, NM 87122
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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
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