115 Amherst SE Dr Albuquerque, NM 87106-1425
This exceptional Albuquerque retail property, "The Corner @ Nob Hill," located at 115 Amherst Dr SE, offers three available spaces totaling 6,313 square feet in a historic building undergoing redevelopment. Each suite ranges from 1,744 to 2,441 contiguous square feet, ideal for a variety of uses including coffee shops, breweries, distilleries, restaurants, fitness centers, or retail shops. Built in 1954 and zoned MX-M, the property boasts 44 parking spaces. The planned redevelopment, slated for completion within 6-8 months, will deliver spaces in a "grey shell" condition, including two restrooms, bare concrete floors, painted walls, stubbed-in utilities, and a layout adaptable to tenant needs. Tenants have the opportunity to provide input on patio options, garage doors, and interior finishes. This prime Nob Hill location presents a unique chance to establish a business in a revitalized historic building. The property is currently fully vacant.
-
Hassard David M Architect
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.