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Property profile & analytics
FOR SALE
Turn key restaurants

11301 Central Ave NE Albuquerque, NM 87123

4,080 SF 0.17 ac lot Built 1974
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US61-0222432
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Total area 4,080 SF
Lot 0.17 ac (7,492 SF)
APN 1-021-056-330-486-1-09-01
UPID US61-0222432
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Drells INC · 9 yrs held
Drells INC
since 2017
5 recorded transactions
2017
Price N/A
2008
Price N/A
2007
Price N/A
2006
Price N/A
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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