1901 University NE Blvd Albuquerque, NM 87102-1713
This exceptional Albuquerque property offers a unique investment opportunity encompassing a substantial 26,000 square foot restaurant space. Situated on approximately 12 acres of land, this retail property presents significant potential. The location is highly desirable, boasting excellent visibility and accessibility at the intersection of Interstates 25 and 40. The property also includes a 450-room hotel complex featuring both Crowne Plaza and Fairfield Inn brands. The hotel component offers 450 occupancy-ready rooms, including 17 ADA-compliant rooms. Further enhancing the property's appeal is approximately 26,000 square feet of meeting and event space, complemented by indoor and outdoor recreational areas, including swimming pools. The expansive 12-acre lot provides ample space for future development, presenting exciting possibilities for expansion or diversification. This combined restaurant and hotel property represents a rare chance to acquire a significant asset in a prime Albuquerque location with substantial existing infrastructure and considerable growth potential. The property is located at 1901 University Blvd NE and 1780 Menaul Blvd NE, Albuquerque, NM 87102, in Bernalillo County.
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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
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.