6001 Lomas Blvd Albuquerque, NM 87110
- Strip malls
- 106,846 SF
- 7.75 lot acres
Current Use by Public Records
- Rent-A-Center / Furniture Store / Appliance Store
- Shears To You Salon & Boutique / Beauty Salon / Hair Salon
- Coinstar Kiosk | Bitcoin ATM / Kiosk / Atm
- Top Nails / Nail Salon
- Goodwill / Donations Center
Property Details for 6001 Lomas Blvd
- Year built
- 1961
- Lot size
- 7.75 lot acres
- Property size
- 106,846 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 1-018-058-230-041-3-08-04
- APU
- 101805823004130804
Description
Fair Plaza presents a unique opportunity for businesses seeking high-visibility retail space within a thriving neighborhood center. This grocery-anchored property boasts three available units, ranging from 1,400 to 1,600 square feet. One space is a turn-key former hair salon, ready for immediate occupancy. Located in Bernalillo County, Fair Plaza benefits from its strategic position within a densely populated residential area, ensuring a consistent flow of potential customers. The center's exceptional accessibility is further enhanced by its location on Lomas Boulevard and San Pedro, experiencing impressive daily traffic counts of 26,173 and 11,137 vehicles respectively. This high traffic volume guarantees significant exposure for businesses operating within the center. The property is classified as both retail and office space, offering flexibility for a variety of business types. The multiple tenancy structure provides a diverse and vibrant atmosphere, attracting a wide range of shoppers and clients. This is an ideal location for businesses seeking a bustling, easily accessible, and highly visible retail presence in a densely populated residential area. The available spaces offer a chance to establish or expand a business in a prime commercial location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,385,000
- 6.5%
- $1,160,000
- 7%
- $1,410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,190,000
- Geo Method
- $1,135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,295,000
- Retail
- $1,405,000
- Mixed-Use
- $1,300,000
- Hospitality
- $1,520,000
- Educational
- $1,470,000
- Residential Income
- $1,410,000
- Energy
- $1,190,000
- Income-Based Land
- $1,540,000
- Food Service
- $1,365,000
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.579
- Latitude
- 35.0884
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
