Property profile

1100 San Mateo NE Blvd Albuquerque, NM 87110

OFF-MARKET
Strip malls
Property ID
US61-0156505
87,238 SF 4.22 ac lot Built 1962
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Shops at ACE Courtyard, a well-established center at 1100 San Mateo Blvd NE, Albuquerque, NM 87110. The property boasts a prime location with excellent visibility from San Mateo Blvd NE and Lomas Blvd. This storefront space offers a minimum of 1,188 square feet, perfect for a variety of retail uses, with the potential to expand up to 11,348 contiguous square feet within the larger 66,420 square foot center. The building was constructed in 1962 and sits on a 5-acre lot. Floor-to-ceiling windows provide superb natural light and maximize visibility to passing traffic, ensuring high foot traffic and brand exposure. The property is zoned MX-M, allowing for a range of commercial uses. This is an ideal location for businesses seeking high visibility and accessibility in a thriving Albuquerque neighborhood. The multiple tenancy structure offers a diverse and vibrant shopping environment. This space presents a unique opportunity to establish or expand your retail presence in a prime Albuquerque location. Contact us today to learn more about this exceptional retail space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1962
Total area 87,238 SF
Lot 4.22 ac (183,693 SF)
APN 1-018-058-024-045-3-01-03
UPID US61-0156505

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Building Supply Hardware & Home Improvement
  • Bar & Pub Restaurant
  • Tattoo & Piercing Shop
  • Gym & Fitness Center

Location

1100 San Mateo NE Blvd Albuquerque, NM 87110-6481
Albuquerque metro Census 402 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.01M

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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