Property profile

12700 San Rafael NE Ave Albuquerque, NM 87122

OFF-MARKET
Strip malls
Property ID
US61-0204123
14,900 SF 1.27 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Total area 14,900 SF
Lot 1.27 ac (55,234 SF)
APN 1-023-063-067-147-3-01-30
UPID US61-0204123

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Pet Grooming Service
  • Animal Training
  • Charitable Organization Social Service Agency
  • Shopping Center & Mall

Location

12700 San Rafael NE Ave Albuquerque, NM 87122-1143
Albuquerque metro Census 3741 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2019
Price N/A
2013
Price N/A
2005
Price N/A
2004
Price N/A
1997
Price N/A
1994
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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