1649 Brg SW Blvd Albuquerque, NM 87105-3060
This exceptional 5,141 square foot convenience store and storefront, situated on a 2.002-acre lot at the signalized intersection of Goff Blvd and Bridge Blvd in Albuquerque, NM, presents a unique investment opportunity. The property boasts a prominent hard corner location with approximately 255 feet of frontage on Bridge Blvd and 240 feet on Goff Blvd, benefiting from high traffic volume exceeding 33,000 vehicles per day. The existing building currently operates as "Casa Liquors," and includes a valuable "Canopy" liquor license issued by Bernalillo County. This license is subject to the State of New Mexico Alcohol Beverage Control Division regulations (Chapter 60 Business Licenses). The property is zoned C-1 and is priced at $2,300,000 ($447.38/sq ft). The sale includes both the real estate and the liquor license. The location is strategically positioned within a 3-mile radius encompassing over 90,000 residents, serving an underserved South Valley sub-market. Further enhancing its value, the property benefits from the Bridge Blvd Corridor Redevelopment Plan, scheduled for completion in the third quarter of 2024. A pole sign at the corner provides excellent visibility. This is a turnkey operation with significant growth potential. The lease type is NNN, and the property is for sale by owner.
-
Casa Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Coinsource Bitcoin ATM Financial Institution Atm
-
South Valley At Credit Express Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.