Property profile

2240 Wyoming NE Blvd Albuquerque, NM 87112

OFF-MARKET
Retail space
Property ID
US61-0232787
24,450 SF 2.45 ac lot Built 1971
Entity Owned 25-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial retail site within a shopping center that has been redeveloped, offering space suitable for grocery, restaurant, retail, or medical uses. It is located on Wyoming Boulevard and Menaul Boulevard with high-visibility frontage at the intersection, and the site is positioned near Winrock, Uptown, and Coronado Mall. The property comprises approximately 33,000 square feet and is configured to support leasing arrangements, including ground-lease and potential build-to-suit development.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Total area 24,450 SF
Lot 2.45 ac (106,766 SF)
APN 1-020-059-035-243-3-13-38
UPID US61-0232787

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
  • (Bike/Boat/Book/etc) Store

Location

2240 Wyoming NE Blvd Albuquerque, NM 87112-2620
Albuquerque metro Census 121 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$845k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$845k

Owner & transaction history

since 2000
7 recorded transactions
2025
Price N/A
2022
Price N/A
2018
Price N/A
2011
Price N/A
2000
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.1M +24.9%
Auto repair, garage $2.0M +20.1%

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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