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Property profile & analytics
FOR LEASE
Strip malls

1621-1625 Rio Bravo Blvd SW Albuquerque, NM 87105

56,611 SF 5.36 ac lot Built 1970
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US61-0176528
Property summary
AI-generated overview

This exceptional 10.98-acre retail property, known as Valle del Sol Shopping Center, presents a compelling investment opportunity in Albuquerque, New Mexico. Located at 1625 Rio Bravo Blvd SW, Albuquerque, NM 87105, this single-story building boasts a prime location at the intersection of Isleta Blvd. and Rio Bravo, ensuring high visibility and accessibility. The property is classified as multi-tenant retail, suitable for a variety of businesses including restaurants and shops. Situated in Bernalillo County, this established center offers immediate income potential and significant upside for future growth. The property's size and strategic location make it an ideal investment for both seasoned and emerging investors seeking a strong foothold in the Albuquerque market. The single building structure simplifies management and maintenance, while the ample 10.98 acres provide potential for expansion or redevelopment. This is a rare opportunity to acquire a well-positioned retail center in a thriving New Mexico market. The property's address is easily accessible and benefits from high traffic counts due to its prominent location. Serious inquiries are encouraged to explore this lucrative investment opportunity further.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Total area 56,611 SF
Lot 5.36 ac (233,699 SF)
APN 1-012-053-307-507-1-11-25
UPID US61-0176528
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
  • New Mexico Gas Company Gas Company
  • Celebrate Dental & Braces Dental Office
  • Marcie Flack Dental Office
  • Affordable Dentist Albuquerque Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.10M
Owner & transaction history
Rio Cuatro LLC · 9 yrs held
Rio Cuatro LLC
since 2017
2 recorded transactions
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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