4200 4Th St Albuquerque, NM 87107
- Retail space
- 11,488 SF
- 0.81 lot acres
Current Use by Public Records
- Straight Street Automotive / Auto Body Shop
- R/D Collision Center / Auto Repair Shop
Property Details for 4200 4Th St
- Year built
- 1949
- Lot size
- 0.81 lot acres
- Property size
- 11,488 SF
- Property type
- Retail space
- APN
- 1-014-060-413-346-1-09-03
- APU
- 101406041334610903
Description
This exceptional Albuquerque investment opportunity presents a rare 12,209 square foot retail/industrial property, currently operating as an auto shop. Boasting a strong 7.96% capitalization rate and a substantial net operating income (NOI) of $163,256, this property is priced at $2,050,000 ($167.91/sq ft). Situated on a 0.81-acre lot zoned MX-M, the property benefits from excellent visibility and high traffic counts, with approximately 17,200 cars passing daily. Its prime location offers easy access to major interstates I-40 and I-25, within less than five minutes. The property features ample parking (20+ spaces) and is enhanced by long-term leases with financially sound tenants. Significant recent improvements include complete HVAC and roof replacements in 2023, ensuring long-term operational efficiency. Full street access is provided from both 4th St. NW and San Lorenzo. This turnkey investment presents a compelling opportunity for significant returns.
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
- -106.643
- Latitude
- 35.1263
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
