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    2529 San Mateo Blvd Albuquerque, NM 87110

    • Retail space
    • 9,120 SF
    • 0.74 lot acres
    For Lease
    View listing
    Value Estimation
    $455,000
    Location Intelligence
    Property ID
    US61-0228662
    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

    • T-Mobile / Telecommunications Service Provider / Cell Phone Store
    • CPR Cell Phone Repair Albuquerque - San Mateo / Cell Phone Store / Mobile Phone Repair Shop
    • Aaca Ventures Inc / Check Cashing Service
    • Bhang/Derived Powered by Prohibition 37 (P37) / Cannabis Store / Vaporizer Store
    • Nirvana Smoke Shop / Tobacco Shop

    Property Details for 2529 San Mateo Blvd

    Year built
    1987
    Lot size
    0.74 lot acres
    Property size
    9,120 SF
    Property type
    Retail space
    APN
    1-017-059-521-249-4-15-11
    APU
    101705952124941511

    Description

    This exceptional retail opportunity features two available spaces, totaling 9,120 square feet, within a modern shopping center in Albuquerque's bustling San Mateo & Menaul area. Each space offers generous square footage, ranging from 1,700 to 1,995 square feet, ideal for a variety of retail uses, including cannabis dispensaries, given the MX-M zoning. The property boasts unparalleled visibility thanks to high-visibility pylon signage and its prime corner location at the intersection of San Mateo and Menaul Boulevards. This high-traffic area sees an impressive 60,150 cars daily, ensuring maximum exposure for your business. Convenient access from San Mateo Boulevard and ample parking further enhance the property's appeal. The building is situated seconds from Interstate 40, providing easy access for customers and employees. This is a rare chance to secure a highly visible and strategically located retail space in a thriving commercial corridor. The multiple tenancy allows for flexibility and potential for synergistic businesses. The property is located in Bernalillo County.

    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
    -106.587
    Latitude
    35.1088
    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
    $8,559
    $81,633
    $96,928
    $178,561
    -
    $244,923
    $290,812
    $535,735

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    Albuquerque, NM 87110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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