11301 Central Ave NE Albuquerque, NM 87123
For Sale
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This exceptional turn-key restaurant opportunity is located at 11301 Central Ave NE, Albuquerque, NM 87123. Boasting 4,080 square feet on a 0.51-acre lot, this property is zoned MX-H and offers a wealth of features ideal for immediate operation. The asking price is $800,000 ($196.08/sq ft). Key features include a drive-up window with a dedicated pick-up lane, multiple kitchens and prep areas, a spacious dining room, and a patio. The property also benefits from multiple operator/management offices and a substantial fenced yard offering additional patio and storage potential. A significant asset is the impressive BBQ pit, capable of smoking 1,500 pounds of meat simultaneously. The extensive kitchen is equipped with two grease hoods (20' x 4.3' and 9.8' x 4.2'), a steam hood (11' x 4'), and large walk-in refrigeration units (9' x 20' fridge and freezer). The BBQ pit measures 15' x 5'. All furniture, fixtures, and equipment (FF&E) are included in the sale, making this a truly move-in ready opportunity. This property presents a rare chance to acquire a fully operational, high-capacity restaurant with significant potential for immediate revenue generation. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.