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Property profile & analytics

12500 Montgomery NE Blvd Albuquerque, NM 87111-4117

  • Strip malls
  • 40,006 SF
  • 4.09 lot acres
OFF-MARKET
Value Estimation
$940,000
Location Intelligence
Property ID
US61-0134549
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

  • RE/MAX Advantage: Charlotte Boyer, CRS / Real Estate Agents
  • Solarius Optique / Eye Care Center / Sunglasses Store
  • Caracol Plaza / Business Center
  • Duke Home Insurance Solutions / Commercial Agent
  • Salon 21 / Hair Salon

Property Details for 12500 Montgomery NE Blvd

Year built
1985
Lot size
4.09 lot acres
Property size
40,006 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1-022-060-493-508-1-07-16
APU
102206049350810716

Description

This exceptional Albuquerque retail and office property, located at 12500 Montgomery Blvd. NE, offers 13,600 square feet of vacant space across two single-story buildings in a thriving commercial area. The property is zoned MX - M, City of Albuquerque, and boasts 244 parking spaces. Suites range from a minimum of 1,100 square feet to a maximum contiguous space of 10,000 square feet, providing flexibility for various tenants. The property's strategic location at the signalized intersection of Montgomery and Tramway benefits from high visibility and excellent access. Current tenants include a diverse mix of businesses, creating a vibrant and established commercial environment. The property is ideal for a variety of uses, including restaurants (with one space featuring a hood and walk-in cooler), gyms, medical offices, retail stores, and more. Two hard-corner spaces totaling approximately 3,120 square feet, each with outdoor patio potential, are particularly well-suited for upscale restaurants. A freestanding building of up to 10,800 square feet is available for a larger anchor tenant. Ongoing improvements include new LED lighting and paving repairs, further enhancing the property's appeal. The property is situated in a high-traffic area with strong demographics, surrounded by established businesses such as Smith's, McDonald's, and Ethan Allen, ensuring a steady flow of potential customers. Bernalillo County location and 87111 zip code.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $900,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,265,000
    6.5%
    $1,130,000
    7%
    $1,210,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,090,000
    Geo Method
    $1,265,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,185,000
    Retail
    $950,000
    Mixed-Use
    $955,000
    Hospitality
    $1,250,000
    Educational
    $975,000
    Residential Income
    $1,220,000
    Energy
    $910,000
    Income-Based Land
    $975,000
    Food Service
    $1,165,000

Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.499
Latitude
35.1301
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
$33,067
$427,601
$261,646
$689,247
-
$1,282,930
$785,018
$2,067,948
More about this property
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