1500 Juan Tabo NE Blvd Albuquerque, NM 87112-4433
This move-in ready, freestanding retail storefront at 1500 Juan Tabo Blvd NE, Albuquerque, NM 87112, presents a compelling investment opportunity. The 2,730 square foot building sits on a 0.3-acre corner lot at the intersection of Juan Tabo Boulevard and Princess Jeanne Avenue, ensuring high visibility and accessibility. The property features two ingress and egress points, along with median breaks for optimal traffic flow in both directions. The building boasts a carpeted showroom/office area with a dropped ceiling, enhancing its aesthetic appeal and functionality. Practical amenities include private ADA-compliant restrooms, ample storage space, and dedicated office areas. The building is equipped with HVAC and evaporative roof units for climate control. The property is currently vacant, offering immediate occupancy for a new tenant. The building is zoned MX-L and is a single-story structure. The asking price is $550,000, translating to $201.47 per square foot. The property includes a powered pole sign for enhanced branding opportunities. This location offers exceptional exposure and convenience for any retail business seeking a high-traffic location in Albuquerque. The property is ready for immediate occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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