1698 Rio Bravo Blvd SW Albuquerque, NM 87105
Property profile & analytics
1698 Rio Bravo Blvd SW Albuquerque, NM 87105
- Strip malls
- 22,813 SF
- 2.71 lot acres
Property ID
US61-0203772
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wash Tub Laundromat / (Bike/Boat/Book/etc) Store
- Comfort Dental of Rio Bravo / Dental Office
- McGarry Cody DDS / Dental Office
- New Mexico Credit Corporation / Loan Service
- Western Union / Bank / Credit Union
Property Details for 1698 Rio Bravo Blvd SW
- Year built
- 1988
- Lot size
- 2.71 lot acres
- Property size
- 22,813 SF
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 1-012-053-308-416-1-07-20
- APU
- 101205330841610720
Description
This exceptional retail opportunity presents 22,405 square feet of space within the well-established Rio Bravo Shopping Center, located in the South Valley submarket of Bernalillo County. The single-story, 1988-built Class B property features nine suites, with a significant 8,573 square feet currently vacant, offering a minimum divisible space of 1,100 square feet and a maximum contiguous space of 8,573 square feet. The property sits on a 2.7-acre lot and boasts ample parking with a 5:1,000 ratio. Benefitting from high visibility and over 300 feet of frontage along Rio Bravo Boulevard, this key retail intersection sees substantial traffic, with Rio Bravo Boulevard averaging 23,950 vehicles per day and Isleta Boulevard SW averaging 21,290 vehicles per day. The property is zoned SU-SC (Bernalillo County) and is situated near established businesses, including McDonald's and area medical providers such as Presbyterian Health Clinic and Albuquerque Health Partners. The South Valley submarket, specifically the Rio Bravo Boulevard corridor, presents an underserved retail area, with only approximately 9.10 square feet of retail space per capita, compared to approximately 45.10 square feet in the Far Northeast Heights. This presents a unique opportunity for businesses to tap into a growing market. The property's location and high traffic counts make it an ideal location for a variety of retail uses. The APN is 101205330841610720.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $505,000
Market price range: $505k - $936k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $675,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.682
- Latitude
- 35.0262
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,544
$171,295
$115,165
$286,460
-
$513,935
$345,530
$859,465
