25 Hotel NE Cir Albuquerque, NM 87123-1202
This exceptional 9,000 square foot property, formerly a hotel and restaurant, presents a unique opportunity for an event center. Situated on 5.043 acres in Bernalillo County's Northeast Heights submarket, this single-tenant space boasts significant freeway visibility and convenient access to I-40, ensuring high traffic volume. The building features a fully equipped kitchen with a hood system, perfectly suited for catering and event needs. Its prime location benefits from a strong shadow anchor lineup, including Target, At Home, Best Buy, Petco, and Dollar Tree, drawing substantial foot traffic to the area. The high-traffic corridor sees an impressive 73,500 vehicles per day, providing unparalleled exposure for your business. This property offers a rare combination of size, location, and existing infrastructure, making it an ideal investment for a thriving event center or similar venture. The ample land provides potential for future expansion or outdoor event space. Don't miss this chance to acquire a well-positioned property in a bustling commercial area.
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Albuquerque Zia Grande Ballroom Hotel & Motel Resort
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Amerstone Builders Hardware & Home Improvement Interior Design
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.