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Property profile & analytics

4770 Montgomery Blvd Albuquerque, NM 87109

  • Strip malls
  • 65,478 SF
  • 5.77 lot acres
Value Estimation
$1,050,000
Last Sale
Feb 09, 2024
Location Intelligence
Property ID
US61-0262112
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

  • Aamco / Auto Repair Shop
  • Farmers Insurance - Andre Moore / Life Insurance Agency / Motorcycle Insurance Agency
  • Avis Car Rental / Car Rental Agency / Van Rental Agency
  • Budget Car Rental / Car Rental Agency / Van Rental Agency
  • The Recognition Place (TRP) / Engraver / Gift Shop

Property Details for 4770 Montgomery Blvd

Year built
1986
Lot size
5.77 lot acres
Property size
65,478 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1-017-060-450-486-1-16-01
APU
101706045048611601

Description

Fiesta Crossings Retail Center, located at 4770 Montgomery Blvd NE in Albuquerque, New Mexico, presents a compelling investment opportunity. This multi-tenant retail center boasts a total building area of 65,574 square feet, currently featuring a small vacancy of 2,240 square feet, offering potential for immediate income generation or expansion. The property is zoned MX-M, providing flexibility for a variety of commercial uses. Its prime location in Bernalillo County, with a zip code of 87109, ensures high visibility and accessibility for businesses and customers alike. The center's address is easily identifiable and situated within a well-established commercial area of Albuquerque. The property's Asset Property Number (APN) is 101706045048611601. This retail center is ideal for investors seeking a stable, income-producing asset in a thriving New Mexico market. The existing tenant mix offers a diverse range of businesses, creating a vibrant and attractive shopping destination. The relatively small vacant space presents a unique opportunity for expansion or lease to a new tenant, further increasing the property's value and rental income. The MX-M zoning allows for a wide array of potential uses, making this property a versatile and attractive investment. The property's location in Albuquerque, New Mexico, offers a strong potential for growth and return on investment. This is a rare opportunity to acquire a well-established retail center in a desirable location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $960,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,175,000
    6.5%
    $1,330,000
    7%
    $1,325,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,315,000
    Geo Method
    $1,360,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,140,000
    Retail
    $1,560,000
    Mixed-Use
    $1,440,000
    Hospitality
    $1,250,000
    Educational
    $1,380,000
    Residential Income
    $1,565,000
    Energy
    $1,300,000
    Income-Based Land
    $1,165,000
    Food Service
    $1,130,000

Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.589
Latitude
35.1298
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
$80,064
$643,762
$1,025,079
$1,668,841
-
$1,931,480
$3,075,544
$5,007,024
More about this property
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