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Property profile & analytics

12700 San Rafael NE Ave Albuquerque, NM 87122-1143

  • Strip malls
  • 14,900 SF
  • 1.27 lot acres
OFF-MARKET
Last Sale
May 16, 2022
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US61-0204123
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

  • Cynthia Bahling - State Farm Insurance Agent / Insurance Agency
  • Completely Gone to the Dogs / Pet Grooming Service
  • The Academy of Canine Excellence / Animal Training
  • Sandia Heights Homeowners Association / Charitable Organization / Social Service Agency
  • Quail Run / Shopping Center & Mall

Property Details for 12700 San Rafael NE Ave

Year built
1986
Lot size
1.27 lot acres
Property size
14,900 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1-023-063-067-147-3-01-30
APU
102306306714730130

Description

This exceptional retail space, located at 12700 San Rafael Ave NE in Albuquerque, New Mexico, 87122, presents a unique investment opportunity. Situated on a high-traffic corridor boasting over 21,000 vehicles daily, this property enjoys unparalleled visibility and accessibility. The C-1 zoning allows for a variety of uses, including retail, office, and restaurant establishments, making it ideal for a diverse range of businesses. The space is categorized as a Creative Office, suitable for businesses seeking a unique and inspiring work environment. Multiple tenancy options are available, providing flexibility for different business models. The property benefits from a generous 4.9:1000 parking ratio, ensuring ample parking for customers and employees. A large monument sign is also available, providing excellent branding opportunities. This location is situated within Albuquerque's highest-income demographic area, offering a strong customer base with high purchasing power. The property's versatility, prime location, and ample parking make it an exceptional choice for businesses seeking to establish a strong presence in a thriving Albuquerque neighborhood. This is a rare opportunity to secure a highly visible and desirable commercial space in a prime location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Bernalillo
State
New Mexico
Longitude
-106.496
Latitude
35.1636
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
$13,432
$191,530
$176,926
$368,456
-
$574,648
$530,830
$1,105,478
More about this property
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