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Property profile & analytics
OFF-MARKET
Retail space

1649 Brg SW Blvd Albuquerque, NM 87105-3060

5,112 SF 0.1 ac lot Built 1966
Entity Owned ~ Est. High Equity
Property ID
US61-0114315
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1966
Total area 5,112 SF
Lot 0.1 ac (4,269 SF)
APN 1-012-056-338-261-1-01-02
UPID US61-0114315
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
  • Casa Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Coinsource Bitcoin ATM Financial Institution Atm
  • South Valley At Credit Express Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sande Corporation
Sande Corporation
since 2025
3 recorded transactions
2025
Price N/A
2016
Price N/A
2005
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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