401 Menaul Blvd Albuquerque, NM 87107
- Auto shops
- 3,920 SF
- 1.49 lot acres
Current Use by Public Records
- Auto shops
Property Details for 401 Menaul Blvd
- Year built
- 1960
- Lot size
- 1.49 lot acres
- Property size
- 3,920 SF
- Property type
- Auto shops
- APN
- 1-014-059-299-354-1-07-04
- APU
- 101405929935410704
Description
This exceptional 1.49-acre retail ground lease opportunity is located at 401 Menaul Blvd NW, Albuquerque, NM 87107, on a hard corner with a signalized intersection. The property boasts excellent visibility on both Menaul Boulevard and 4th Street, benefiting from a combined daily traffic count exceeding 29,400 vehicles. Its zoning is designated MX-M, making it suitable for a variety of commercial uses, particularly those that would benefit from high visibility and convenient access, such as fast food restaurants or other drive-thru establishments. The site's strategic location provides easy access to Interstate 40 via 4th Street, within a short 0.30-mile distance, further enhancing its appeal with access to an additional 172,900 vehicles daily. This single-tenant property presents a compelling investment opportunity for businesses seeking a high-traffic location with significant visibility and accessibility. The lot size is approximately 1.49 acres. This is a ground lease opportunity.
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
- -106.647
- Latitude
- 35.1115
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
