Property profile

2001 Candelaria Rd NE Albuquerque, NM 87107

FOR LEASE
Hotels
Property ID
US61-0129708
18,810 SF 1.2 ac lot Built 1981
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
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2001 Candelaria Rd NE, Albuquerque, NM 87107 For Lease
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2001 Candelaria Rd NE, Albuquerque, NM 87107
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Property summary

AI-generated overview

This exceptional Albuquerque commercial property offers 3.226± acres of prime industrial land for lease or build-to-suit opportunities. Strategically located on the northeast corner of Candelaria Rd NE and University Blvd NE in the North I-25 submarket of Bernalillo County, this property boasts high visibility with approximately 17,000 cars daily on Candelaria Rd NE and 220,412 cars daily on I-25. The site is comprised of three parcels, individually sized at 1.135± acres, 1.491± acres, and 0.6± acres, allowing for flexibility in leasing arrangements. Leasing options include the entire 3.226± acres or individual parcels. The property is zoned NR-LM and benefits from direct I-25 frontage. This location provides unparalleled exposure and accessibility, making it ideal for businesses seeking a high-traffic, strategic location. Future purchase options may be available. The property's address is 2001 Candelaria Rd NE, Albuquerque, NM 87107.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1981
Total area 18,810 SF
Lot 1.2 ac (52,272 SF)
APN 1-015-059-501-469-1-06-01
UPID US61-0129708

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

2001 Candelaria Rd NE Albuquerque, NM 87107
Albuquerque metro Census 3400 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2000
2 recorded transactions
2000
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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