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Property profile & analytics

5800 Gibson Blvd Albuquerque, NM 87108

  • Retail space
  • 1,386 SF
  • 0.34 lot acres
Value Estimation
Location Intelligence
Property ID
US61-0210475
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Minerva Canna / Cannabis Store
  • Minerva Canna | Cannabis Dispensary Southside of Albuquerque, NM / Cannabis Store

Property Details for 5800 Gibson Blvd

Year built
1977
Lot size
0.34 lot acres
Property size
1,386 SF
Property type
Retail space
APN
1-018-055-272-524-1-01-21
APU
101805527252410121

Description

This exceptional 1,400 square foot freestanding retail building is ideally situated at the signalized intersection of Gibson Boulevard and San Pedro Drive in Bernalillo County. Currently available for sublease, with the master lease expiring January 31, 2027, this property boasts significant visibility and accessibility. Previously occupied by a cannabis dispensary and originally constructed for Papa John's, this adaptable space presents a unique opportunity for a variety of restaurant or retail uses, potentially even accommodating a drive-thru. The building features excellent curb appeal, including prominent building signage and a large pylon sign at the highly trafficked intersection, benefiting from over 20,000 vehicles per day. With 131 feet of frontage on Gibson Boulevard and access points on both Gibson and San Pedro, the property offers convenient access and ample parking with 14 spaces directly in front. The interior layout includes a spacious open sales floor, a back office, storage, and two restrooms. The 0.34-acre lot is zoned MX-L, providing flexibility for various commercial ventures. Its proximity to Kirtland Air Force Base, Sandia National Labs, the VA, UNM, and the Albuquerque Sunport (2.5 miles) ensures a strong customer base. This is a remarkable opportunity to establish a thriving business in a high-traffic, high-visibility location.

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
-106.577
Latitude
35.0579
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,235
$29,972
$16,021
$45,993
-
$89,925
$48,069
$137,994
More about this property
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